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प्रश्न
Which of the following is NOT an assumption of the Law of Demand ?
पर्याय
Consumer income does not change
Tastes and preferences change frequently
Prices of related goods stay the same
Population remains constant
MCQ
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उत्तर
Tastes and preferences change frequently
Explanation:
The Law of Demand assumes that tastes and preferences do not change; if they do, the law does not hold.
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