A situation where less quantity is demanded at higher price.
Answers
Answered by
1
Explanation:
situation where more quantity is demanded at lower price expansion of demand. Explanation: Expansion of demand refers to a rise in quantity demanded due to falling in price alone while other factors like tastes, the income of the consumer, size of the population, etc.
HOPE THIS MAY HELP YOU!☺
Similar questions
Math,
1 month ago
Social Sciences,
3 months ago
Social Sciences,
3 months ago
English,
10 months ago
Social Sciences,
10 months ago
English,
10 months ago