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With a fall in the price of a commodity:...

With a fall in the price of a commodity:

A

1.consumer's real income increases

B

2.consumer's real income decreases

C

3.there is no change in the real income of the consumer

D

4.None of these.

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The correct Answer is:
a
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FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
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  2. When total demand for a commodity whose price has fallen increases, i...

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  3. With a fall in the price of a commodity:

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  4. Goods that exhibit direct price-demand relationship are called:

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  5. In case of Giffen goods, the demand curve will be :

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  6. Law of Demand is a :

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  7. When income of the consumer falls the impact on price-demand curve of ...

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  8. If due to fall in the price of good X, demand for good Y rises, the t...

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  9. Does a rise in price of other goods have the same effect on demand for...

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  10. Does a fall in income have the same effect on demand for the given c...

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  11. What is the relation between good x and good y in each case, if with a...

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  12. Giving reasons, state the following statements are true or false: ...

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  13. Differentiate between Normal Goods and inferior Goods.

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  14. Differentiate between substitute goods and complementary goods.

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  15. Explain law of demand with the help of a demand schedule.

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  16. Law of demand is one sided. It explains only the effect of change in p...

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  17. State any three causes of a rightward shift of a demand curve of a com...

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  18. State any three factors which lead to increase in demand.

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  19. Under what conditions a consumer would like to demand less at a given...

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  20. State any three causes of a leftward shift of a demand curve of a comm...

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