The diagram illustrates the effect that a fall in price has on the demand for a product. What is shown by the arrow on the diagram?
- Acontraction in demand
- Bdecrease in demand
- Cextension in demand
- Dincrease in demand
Economics 0455 · IGCSE · Demand
The diagram illustrates the effect that a fall in price has on the demand for a product. What is shown by the arrow on the diagram?