English

If the given commodity is an inferior good, then a decrease in income leads to __________ in demand.

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Question

If the given commodity is an inferior good, then a decrease in income leads to __________ in demand.

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Solution

If the given commodity is an inferior good, then a decrease in income leads to rise in demand.

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Chapter 3: Demand - OBJECTIVE QUESTIONS [Page 3.36]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 3 Demand
OBJECTIVE QUESTIONS | Q 1. | Page 3.36
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