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    a situation where more quantity is demanded at lower price.

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    Answer in one word.1. A situation where more quantity is demanded at lower price

    Click here👆to get an answer to your question ✍️ Answer in one word.1. A situation where more quantity is demanded at lower price - 2. Graphical representation of demand schedule - .3. Lalitha satisfied her want of writing on essay by using pen and notebookwhich utility is -

    Answer in one word.

    Question

    1. A situation where more quantity is demanded at lower price - __________________

    2. Graphical representation of demand schedule - __________________.

    3. Lalitha satisfied her want of writing on essay by using pen and notebook

    which utility is - __________________________

    1. Expansion of demand- It refers to the situation where quantity is demand at a lower price. It is caused due to movement in the demand curve.

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    2. Demand curve- The demand curve is the graphical representation of the demand schedule. Various points are plotted and by joining them Demand curve is formed.

    3. Utility Analysis- Utility is the want the satisfying power of a commodity. Here, pen and notebook have want satisfying power of Lalitha.

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    Give economic term: A situation where more quantity is demanded at lower price ______.

    Give economic term: A situation where more quantity is demanded at lower price ______.

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    Give economic term:

    A situation where more quantity is demanded at lower price ______.

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    SOLUTION

    A situation where more quantity is demanded at lower price expansion of demand.

    Explanation:

    Expansion of demand refers to a rise in quantity demanded due to falling in price alone while other factors like tastes, the income of the consumer, size of the population, etc. remain unchanged. Demand moves in a downward direction on the same demand curve.

    Concept: Variations in Demand

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    Chapter 3.1: Demand Analysis - Exercise [Page 25]

    Q 2. (1) Q 1. (4) Q 2. (2)

    APPEARS IN

    Balbharati Economics 12th Standard HSC Maharashtra State Board

    Chapter 3.1 Demand Analysis

    Exercise | Q 2. (1) | Page 25

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    स्रोत : www.shaalaa.com

    Give economic terms : 1. A situation where more quantity is demand at lower price…………….

    Give economic terms : 1. A situation where more quantity is demand at lower price . 2. ... by willingness to purchase and ability to pay

    Give economic terms : 1. A situation where more quantity is demand at lower price……………. 

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