Question

differentiate between expansion of demand and increase in demand​

Answer 1

Answer:

Expansion in demand refers to a rise in the quantity demanded due to a fall in the price of commodity, other factors remaining constant. ... It leads to a downward movement along the same demand curve.

Increase in demand:

(i) When at a given price larger quantity is purchased due to change in factors, other than price of the same commodity, it is called increase in demand.

(ii) It is caused by change in other factors affecting demand price remaining the same.

(iii) Consumers demand curve shifts to the right.

Answer 2

Answer:

i should help u to achieve new rank pls answer on my question