Question

increase in demand refers to extension of demand true or false?​

Answer 1

$\sf{\red{\implies\ Increase\ in\ Demand\ refers\ to\ extension\ in\ demand\ ?}}$

False .

Increase in Demand refers to forward shift in demand , not in extension of demand .

Concept :-

Here we have two concepts  .

• Change in Quantity Demanded

• Change in Demand .

Change in Quantity Demanded :-

It leads to movement along the Demand curve .

Which results in Extension and contradiction of demand .

It is caused by changes which occurs in own price of the commodity .

Increase in Quantity demanded results in extension of demand .

Decrease in Quantity demanded causes contradiction of demand .

Change in Demand :-

It leads to shift in Demand curve.

Which result in forward and backward shift of curve.

It caused by the changes that occurs in the factors other than own price of commodity .

Increase in demand causes forward shift in demand .

Decrease in demand results in backward shift of demand .

Answer 2

Answer:

false

Explanation:

increase in demand refers to increase in quantity demanded of a commodity at it's existing price. It's a situation of forward shift in demand curve not of extension of demand

I hope that is helpful to all