Advertisements
Advertisements
प्रश्न
True or False with Reasons:
The demand for a commodity always increases with increase in the price of other goods.
सत्य या असत्य
Advertisements
उत्तर
This statement is false.
Reason:
- If the price of a substitute rises, demand for the given commodity tends to increase.
- If the price of a complementary good rises, demand for the given commodity tends to decrease; therefore, demand does not always increase.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
