Economy, asked by deepamgupta79622, 9 months ago

difference between contraction in demand and decrease in demand

Answers

Answered by sarmabijay36

Answer:

a decrease in demand is a demand that is depicted as a leftward shift of the demand whereas contraction of demand is a demand that refers to increase in own price of the comidity

Previous Question

Next Question

Similar questions

Math, 4 months ago

5 men working 8 hours a day can do a piece of work in 18 days.How many persons will complete it working 9 hours a day in 10 days. (Inverse Variations:Commercial Maths )Only Answer needed...

India Languages, 4 months ago

ಸ್ವಚ್ಛ ಭಾರತದಲ್ಲಿ ವಿದ್ಯಾರ್ಥಿಗಳ ಪಾತ್ರ ಪ್ರಬಂಧ ...

Biology, 4 months ago

Write the taxonomic hierarchy of mango...

Math, 9 months ago

State whether true or false: Any positive odd integer is of the form 2k+1 or 2k+3 or 2k+5 ...

Geography, 9 months ago

टॉक विद मी इन मराठी...

Geography, 1 year ago

How soil is formed mention various causes of soil erosion?

Geography, 1 year ago

How soil gets affected by continuous plantation of crops in a field?

Science, 1 year ago

Write a short note on Azamgarh...

difference between contraction in demand and decrease in demand​

Answers

difference between contraction in demand and decrease in demand