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In Economics when demand for a commodity increases with a fall in its price it is known as:a)contraction of demandb)expansion of demandc)no change in demandd)none of the aboveCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In Economics when demand for a commodity increases with a fall in its price it is known as:a)contraction of demandb)expansion of demandc)no change in demandd)none of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In Economics when demand for a commodity increases with a fall in its price it is known as:a)contraction of demandb)expansion of demandc)no change in demandd)none of the aboveCorrect answer is option 'B'. Can you explain this answer?.

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