when is there possibility of expansion contractionof demand?
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ᴇxᴘᴀɴsɪᴏɴ ᴏғ ᴅᴇᴍᴀɴᴅ ʀᴇғᴇʀs ᴛᴏ ᴛʜᴇ ᴘᴇʀɪᴏᴅ ᴡʜᴇɴ ǫᴜᴀɴᴛɪᴛʏ ᴅᴇᴍᴀɴᴅᴇᴅ ɪs ᴍᴏʀᴇ ʙᴇᴄᴀᴜsᴇ ᴏғ ᴛʜᴇ ғᴀʟʟ ɪɴ ᴘʀɪᴄᴇs ᴏғ ᴀ ᴘʀᴏᴅᴜᴄᴛ. ʜᴏᴡᴇᴠᴇʀ, ᴄᴏɴᴛʀᴀᴄᴛɪᴏɴ ᴏғ ᴅᴇᴍᴀɴᴅ ᴛᴀᴋᴇs ᴘʟᴀᴄᴇ ᴡʜᴇɴ ᴛʜᴇ ǫᴜᴀɴᴛɪᴛʏ ᴅᴇᴍᴀɴᴅᴇᴅ ɪs ʟᴇss ᴅᴜᴇ ᴛᴏ ʀɪsᴇ ɪɴ ᴛʜᴇ ᴘʀɪᴄᴇ ᴏ ᴀ ᴘʀᴏᴅᴜᴄᴛ.
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