Economy, asked by iqraanwar342, 7 months ago

Q.2...The concept of contraction and expansion of demnad falls under which category ?? Change in QD OR Change in DEMAND​

Answers

Answered by Samiksha1125
9

Answer:

Expansion and contraction in demand are caused by change in price of a commodity.

Answered by tanveersavanur99667
0

Explanation:

see I don't know full answers but what contraction means if for example if a if you keep a water in a fridge the water gets into ice that's known as contraction and expansion means if you heat that ice as the ice gets melted to water this is known as expansion hope you have understood it thankyou mark brain list

Similar questions