Give economic term 1) A situation where less quantity is demanded at h

1.	Give economic term 1) A situation where less quantity is demanded at higher price.
Answer» Answer: A situation where more quantity is DEMANDED at lower price expansion of demand. Explanation: Expansion of demand REFERS to a rise in quantity demanded due to falling in price alone while other factors like TASTES, the INCOME of the consumer, size of the population, ETC.

Give economic term 1) A situation where less quantity is demanded at higher price.

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Answer:

A situation where more quantity is DEMANDED at lower price expansion of demand. Explanation: Expansion of demand REFERS to a rise in quantity demanded due to falling in price alone while other factors like TASTES, the INCOME of the consumer, size of the population, ETC.

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Give economic term 1) A situation where less quantity is demanded at higher price. ​

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Give economic term 1) A situation where less quantity is demanded at higher price.