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प्रश्न
True or False with Reasons:
Demand of a given commodity can be specified irrespective of its price.
चूक किंवा बरोबर
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उत्तर
This statement is false.
Explanation:
- Demand describes the quantities consumers are willing and able to buy at different prices during a given period.
- Therefore, demand for a commodity is always specified with reference to its price.
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