Question

what is the extension of demand curve only meaning
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Answer 1

Answer:

Explanation:

It is called extension and contraction of demand. When there is decrease in price of commodity there is in increase in demand of that commodity. This is called extension of demand. When there is increase in price of a commodity there is decrease in the demand for that commodity. This called contraction of demand.

Answer 2

Extension and contraction of demand - It is called extension and contraction of demand. When there is decrease in price of commodity there is in increase in demand of that commodity. This is called extension of demand. When there is increase in price of a commodity there is decrease in the demand for that commodity.