हिंदी

Explain the effect of change in own price on demand of a good.

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प्रश्न

Explain the effect of change in own price on demand of a good.

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उत्तर

A fall in the good’s price increases quantity demanded, causing downward movement along the same demand curve; a rise causes contraction and upward movement.

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अध्याय 3: Demand - REVISION EXERCISE [पृष्ठ ३.४८]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
अध्याय 3 Demand
REVISION EXERCISE | Q 24. (a) | पृष्ठ ३.४८
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