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Demand & Its Determinants · Question 47 of 66

Question 47

EasyOriginal question

An extension of demand means

Options for question 47

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Extension is a movement down the demand curve caused by a fall in own price.

  2. More at the same price is an increase in demand, a shift.

Concept
Extension of demand
Typical time
40 s
Your time
—
The rule this testsMovement along and shift of the curve
Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.

Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.