Advertisements
Advertisements
प्रश्न
True or False with Reasons:
A rise in price of tea will lead to an upward movement in the demand curve of coffee.
रिकाम्या जागा भरा
Advertisements
उत्तर
This statement is false.
Explanation:
- Tea and coffee are substitute goods, so a rise in the price of tea increases demand for coffee.
- This causes a rightward shift in coffee’s demand curve, not an upward movement along it.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
