Maharashtra State BoardHSC Arts 12th Board Exam
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State Whether the Following Statements Are True Or False: Demand Will Not Increase by Coming of New Customers. - Economics

State Whether the following statements are TRUE or FALSE:  

 Demand will not increase by coming of new customers. 

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Solution

 False, the demand will rise by coming of new customers.
Explanation:
The demand refers to the total quantity demanded of a product. If new customers are added in a market then there demand will be added to the total demand and it will rise.

Concept: Change in Demand
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