Extension is demand means: General Knowledge Mcqs December 28, 2023 BILAL KHATTAK0 A.Change in demand due to change in price B.Change in demand due to change in income C.Both (a) and (b) D.None of theseRelated Mcqs:Decrease in demand means:Demand for a commodity is elastic whenPrice elasticity of demand is best defined asThe elasticity of demand explains the relationship betweenThe law of demand indicates the relationship betweenIf more is demanded at the same price or same quantity at a higher price, this fact of demand is known asPeople will tend to demand money if they thinkSellers reserve price meansA decrease in the quantity supplied to the market at given prices leads toOf the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?