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How will an increase in the price of petrol affect the demand curve of scooter?

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Question

How will an increase in the price of petrol affect the demand curve of scooter?

Very Short Answer
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Solution

The demand curve for scooters will shift to the left because petrol and scooters are complementary goods.

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Chapter 3: Demand - OBJECTIVE QUESTIONS [Page 3.45]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 3 Demand
OBJECTIVE QUESTIONS | Q 7. | Page 3.45
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