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What is a diffenecne bteween extension …

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What is a diffenecne bteween extension in demand and increase in demand

Posted by Nishu Nishu 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 8 months ago

*When the quantity demanded of a commodity rises due to decrease in the own price of a commodity other factor remain constant is called extension or expansion in demand .There is downward movement along the same demand curve. *Increase in demand prefer to rise in quantity demanded of a commodity caused due to factor other than own price of a commodity. There is rightward shift in demand curve.

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