Economy, asked by archanasubba008, 6 months ago

distinguish between decrease in demand and contraction in quantity demanded with the help of diagram​

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Answered by s9448374130
4

In the graphical representation of demand curve, the shifting of demand is demonstrated as the movement from one demand curve to another demand curve. In case of increase in demand, the demand curve shifts to right, while in case of decrease in demand, it shifts to left of the original demand curve.

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