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2. Theory of Consumer Behaviour
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Q8 of 15 Page 2

Differentiate between contraction and decrease in demand




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6

Distinguish between Expansion and Increase in demand.

7

Explain briefly three determinants of demand

9

Explain the four important factors affecting the price elasticity of demand.

10

What is meant by price effect? Give two examples to illustrate this?

Questions · 15
2. Theory of Consumer Behaviour
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
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Philoid · 2026
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