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In expansion and contraction of demand _____.

  • a)
    Both (c) & (d) 

  • b)
    Demand curve changes

  • c)
    Slope of the demand curve changes

  • d)
    Demand curve remains unchanged

Correct answer is option 'A'. Can you explain this answer?
Verified Answer
In expansion and contraction of demand _____.a)Both (c) & (d)b)Dem...
In expansion and contraction of demand, the demand curve remains unchanged, and Slope of the demand curve changes
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Most Upvoted Answer
In expansion and contraction of demand _____.a)Both (c) & (d)b)Dem...
But in case of expansion and contraction demand curve dose not shift there is the movement along the curve itself
so howcome both (a) and (b) can be the answer...
one time we can say that (a) and (c) can be the answer.
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Community Answer
In expansion and contraction of demand _____.a)Both (c) & (d)b)Dem...
 
In expansion and contraction of demand, the demand curve remains unchanged, and Slope of the demand curve changes
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In expansion and contraction of demand _____.a)Both (c) & (d)b)Demand curve changesc)Slope of the demand curve changesd)Demand curve remains unchangedCorrect answer is option 'A'. Can you explain this answer?
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