Economy, asked by viniee2060, 11 months ago

differentiate between contraction in demand and decrease in demand ?

Answers

Answered by Anonymous

Distinguish between decrease in demand and contraction of demand. Decrease in demand is at the same price due to change in factors other than the price whereas contraction of demand is due to rise in the price of the commodity itself. ... Demand Function.

Previous Question

Next Question

Similar questions

Accountancy, 6 months ago

d) Replacement cost c) Realisable value b) Historical cost a) Price level changes Assests do not reflect which...

Physics, 6 months ago

30. A body of mass 2 kg has an initial speed 5 ms-1. A force acts on it for some time in the direction of motion. The force-time graph is shown in figure. The final speed of the body is :- (1) 9.25 ms-1 (3) 14.3 ms-1 (2) 5 ms -1 (4) 4.25 ms-1...

English, 6 months ago

look at the given things in the picture and frame 2 sentence on any one...

Chemistry, 11 months ago

Why are cations smaller and anions larger in radii than their parent atom?

Chemistry, 11 months ago

When chlorine becomes the chloride ion, what is its charge?

English, 1 year ago

One day exrience as doctor under150words...

English, 1 year ago

Wisdom of the head and wisdom of the heart essay about 600 to 700 word's...

English, 1 year ago

I want a short essay on topic- the positive impact of internet...