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प्रश्न
True or False with Reasons:
Due to increase in one more member, the family expenditure on milk increased. It is an example of extension in demand.
चूक किंवा बरोबर
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उत्तर
This statement is false.
Reason:
- Extension in demand means an increase in quantity demanded because the commodity’s own price falls.
- An additional family member is a factor other than price, so the resulting rise in demand is an increase in demand.
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