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प्रश्न
True or False with Reasons:
A shift in demand curve of the given commodity may be caused by change in any determinant of demand function.
सत्य या असत्य
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उत्तर
This statement is true.
Reason:
- Demand shifts when a factor other than the commodity’s own price changes.
- Such factors include income, tastes, prices of related goods, population, and expectations.
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