Explain and illustrate shift in demand, extension and contraction of d

1.	Explain and illustrate shift in demand, extension and contraction of demand and make a comparative study?
Answer» Answer: A shift in demand means at the same price, CONSUMERS wish to BUY more. A movement along the demand curve OCCURS following a change in price. Movement along the demand curve A change in price causes a movement along the demand curve. It can either be contraction (less demand) or expansion/extension Explanation: I have this answer helps you to pls mark me as BRILLIANT and GIVE a lot of thanks

Explain and illustrate shift in demand, extension and contraction of demand and make a comparative study?

Answer»

Answer:

A shift in demand means at the same price, CONSUMERS wish to BUY more. A movement along the demand curve OCCURS following a change in price.

Movement along the demand curve

A change in price causes a movement along the demand curve. It can either be contraction (less demand) or expansion/extension

Explanation:

I have this answer helps you to

pls mark me as BRILLIANT and GIVE a lot of thanks