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Commerce · Q1239

Economics

Graduate and Post Graduate · Commerce · question 1239

Q1239

A commodity, the price of which has risen but is expected to become scarce, will present a demand curve

A.
regressive at the lower end
B.
regressive at the upper end
Answer
C.
kinked in the middle
D.
downward sloping to the right

Answer: Option B

Solution

Answer: Option B
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