Economy, asked by Souravkv1067, 1 year ago

What is increase in quantity demanded is same as extension of demand?

Answers

Answered by AniketVerma1
0

Answer:

Difference between extension of demand and increase in demand. Extension of demand refers to increase in quantity demanded due to decrease in own price of the commodity while increase in demand refers to increase in quantity demanded even when own price of the commodity is constant.

Explanation:

Answered by queensp73
0

Answer:

Difference between extension of demand and increase in demand. Extension of demand refers to increase in quantity demanded due to decrease in own price of the commodity while increase in demand refers to increase in quantity demanded even when own price of the commodity is constant.

hope it helps u

:)

Similar questions