Question

Expansion in demand occurs due to ______.

Options

• Rise in price of the given commodity

• Fall in price of the given commodity

• Rise in price of substitute goods

• Fall in price of complementary goods

Answer 1

Expansion in demand occurs due to fall in price of the given commodity.

Explanation:

Expansion is a rise in quantity demanded caused by a fall in the commodity’s own price. Changes in substitute or complementary prices shift the demand curve instead.