Economy, asked by zayed99, 1 year ago

when does decrease in demand take place​

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Answered by david2003
0

Explanation:

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Answered by idoflex
1
Now, take the question of decrease in demand. Whereas the contraction in demand implies the fall in quantity demanded as a result of rise in price, decrease in demand means the whole demand curve shifts to a lower position. In other words, decrease in demand means that at various prices, less is demanded than before.
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