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Elementary Theory of Demand — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsElementary Theory of Demand2 Marks
Question
Explain the following diagram.
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Answer

In the diagram, the demand curve shifts to the right from DD to $D_1 D_1$.
It shows the situation of increase in demand.
A larger quantity $\left(O Q_1\right)$ instead of $O Q_0$ is demanded at the same price of OP.
Same quantity $OQ _0$ is demanded at a higher price of $OP _1$

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