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Commerce · Q1185

Economics

Graduate and Post Graduate · Commerce · question 1185

Q1185

Which of the following statement(s) is/are not correctly?

A.
Decrease in own price of the commodity means extension of demand
B.
Increase in own price of the commodity means increase in demand
Answer
C.
Both A and B
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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