MICROECONOMICS CH : 5 THEORY OF DEMAND — Economics STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 5 THEORY OF DEMAND1 Mark
Question
Define increase in demand.
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Answer
When quantity demanded of a commodity increases as a result of change in other factors (other than own price of the commodity), it is called increase in demand.
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