हिंदी

Identify the following as expansion, contraction, decrease or increase in demand. Price (₹) Demand (units) 10 100 8 140

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प्रश्न

Identify the following as expansion, contraction, decrease or increase in demand.

Price (₹) Demand (units)
10 100
8 140
वर्गीकरण करो
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उत्तर

Expansion in Demand.

Explanation:

When the price falls from ₹ 10 to ₹ 8, the quantity demanded increases from 100 units to 140 units. This is known as expansion in demand, as it occurs due to a fall in the commodity’s own price.

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अध्याय 3: Demand - INTEX QUESTIONS [पृष्ठ ३.१९]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
अध्याय 3 Demand
INTEX QUESTIONS | Q (a) | पृष्ठ ३.१९
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