Question 47
EasyOriginal questionAn extension of demand means
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Extension is a movement down the demand curve caused by a fall in own price.
More at the same price is an increase in demand, a shift.
- Concept
- Extension of demand
- Typical timeTypical
- 40 s
- Your timeYours
- —
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