Question

increase in demand is also called

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Answer 1

An increase in demand is depicted as a rightward shift of the demand curve. b. An increase in demand means that consumers plan to purchase more of the good at each possible price. ... A decrease in demand means that consumers plan to purchase less of the good at each possible price.

Answer 2

Hello !

When the demand of a commodity changes due to change in any factor other than the own price of the commodity, it is known as change in demand. It is expressed as a shift in the demand curve.

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