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Question
What does a downward movement along the same demand curve indicate?
Options
Increase in demand
Decrease in demand
Contraction in demand
Expansion in demand
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Solution
Expansion in demand
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| Case I | Case II | ||
| Price (₹) | Quantity | Price (₹) | Quantity |
| 10 | 20 | 10 | 20 |
| 10 | 10 | 5 | 20 |
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