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Distinguish between expansion of demand ...

Distinguish between expansion of demand and increase in demand with the help of diagrams.
or
Distinguish between increase in demand and increase in quantity demanded (Extension)

Answer

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Knowledge Check

  • In a typical demand schedule, quantity demanded :

    A
    Varies directly with price
    B
    Varies proportionately with price
    C
    Varies inversely with price
    D
    Is independent of price

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