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You are here: IGCSE-GCSE Economics How market works and failure Revision Notes Changes in demand | extension, contraction, fall , rise

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Changes in demand | extension, contraction, fall , rise

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Changes in demand | extension, contraction, fall , rise
Shifts in demand
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Movement along the demand Curve

Extension of demand

Extension of demand is the increase in demand due to the fall in price, all other factors remaining constant.

Contraction of demand

Contraction of demand is the fall in demand due to the rise in price, all other factors remaining constant.

extension and contraction of demand



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