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Diff b/w shift in demand nd …

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Diff b/w shift in demand nd movmnt in demand
  • 1 answers

Nitin Jain 5 years, 1 month ago

Shift is because of change in price of related goods , change in taste and preferences ,change in income, distribution of income, population and so are remaining price constant. It is also known as change in demand or rightward and leftward shift. Movement is because of change in price of commodity ,remaining other factors constant it is also known as change in quantity demanded ,change on demand curve, upward or downward movement ,Extension and contraction.
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