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Question
From the given demand schedule, determine the effect on demand curve:
| Price (₹) | 20 | 20 |
| Demand (Units) | 100 | 70 |
Options
Rightward Shift in demand curve
Leftward Shift in Demand curve
Upward Movement along the demand curve
Downward Movement along the demand curve
MCQ
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Solution
Leftward Shift in Demand curve
Explanation:
Price remains ₹ 20 while demand falls from 100 to 70 units, indicating a decrease in demand. A decrease at the same price is shown by a leftward shift, not movement along the curve.
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