Sunday, February 5, 2017

Expansion of demand and Increase in demand.


Expansion of Demand
Increase in Demand
(1) When more quantity of a commodity is demanded due to fall in the price it is called expansion in demand.
(1) When more quantity of a commodity is demanded at the same price, it is called increase in demand.
(2) Price falls while condition of demand remain same.
(2) Price remains same while conditions of demand changes which have positive effect on demand.
(3) It can be shown on the same demand curve.
(3) Ne demand curve is necessary to show increase in demand.
(4)
(4)
-
Labels:

4 comments:

  1. Anonymous28 February, 2019 22:38

    Can u alaborate

    ReplyDelete
    Replies
    1. Anonymous05 March, 2020 01:55

      dont you think it has already been elaborated enough...

      Delete
  2. Imuadeddy28 February, 2019 22:40

    Lokesh Thodkar Physics ke Exam main pass hoyega...Ye meri Bhagwan se iccha hain

    ReplyDelete

Subscribe to: Post Comments (Atom)