Solved UPSC CDS/OTA Question
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Q · Demand and SupplyMedium · 45s
Consider the following statements: 1. Extension of demand means an increase in demand due to other factors. 2. An increase in demand means a shift of the demand curve. Which is/are correct?
TopicDemand and Supply
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
Extension is movement along the curve due to price change, while an increase is a shift.
Final Answer: Option B - 2 only