हिंदी

True or False with Reasons: Demand curve of Pepsi will not shift with rise or fall in its price.

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प्रश्न

True or False with Reasons:

Demand curve of Pepsi will not shift with rise or fall in its price.

सत्य या असत्य
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उत्तर

This statement is true.

Explanation:

  • A change in Pepsi’s own price changes the quantity demanded, causing movement along its demand curve.
  • A shift occurs when a factor other than Pepsi’s own price changes.
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अध्याय 3: Demand - OBJECTIVE QUESTIONS [पृष्ठ ३.३६]

APPEARS IN

संदीप गर्ग Introductory Microeconomics [English] Class 11
अध्याय 3 Demand
OBJECTIVE QUESTIONS | Q 7. | पृष्ठ ३.३६
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