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प्रश्न
True or False with Reasons:
Expansion in demand leads to an upward movement along the same demand curve.
चूक किंवा बरोबर
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उत्तर
This statement is false.
Explanation:
- Expansion in demand occurs when quantity demanded rises because the commodity’s price falls.
- It leads to a downward movement along the same demand curve; an upward movement is contraction in demand.
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