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What is Meant by Increase in Demand? - Economics

What is meant by an increase in demand?

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Solution

Increase in demand means that the demand increases at a given price.

Concept: Concept for Demand and Supply
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2012-2013 (March)
Q 5.1
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2012-2013 (March) (with solutions)
Q 5.1 | 5 marks
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