हिंदी

If price of petrol is expected to increase in future, what will be the effect on its demand in the present period?

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प्रश्न

If price of petrol is expected to increase in future, what will be the effect on its demand in the present period?

अति संक्षिप्त उत्तर
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उत्तर

Present demand for petrol will increase because consumers may buy more before its expected future price rise.

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अध्याय 3: Demand - OBJECTIVE QUESTIONS [पृष्ठ ३.४६]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
अध्याय 3 Demand
OBJECTIVE QUESTIONS | Q 23. | पृष्ठ ३.४६
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