Question

Mr Vijay purchases 2 litres of milk per day when it is priced at ₹ 35 per litre. Suppose he has some guests at home and consequently he purchases 6 litres of milk on that day. What will you call it?

Options

• Increase in demand

• Increase in quantity demanded

Answer 1

Increase in demand

Explanation:

This scenario describes an increase in quantity demanded because the change in the quantity of milk purchased is due to a specific, temporary situation (having guests) rather than a change in the price of milk. An increase in demand would generally refer to a shift in the demand curve due to factors like income, preferences, or a change in the price of related goods, not just a temporary change in circumstances.