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Commerce · Q1354

Economics

Graduate and Post Graduate · Commerce · question 1354

Q1354

Which of the following statement(s) is/are incorrect?

A.
There exists an inverse relationship between demand for commodity and its price in case of complementary goods
Answer
B.
There exists direct relationship between demand for commodity and its price in case of substitute goods
C.
Both A and B
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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