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MICROECONOMICS CH : 5 THEORY OF DEMAND — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 5 THEORY OF DEMAND1 Mark
MCQ
A fall in own price of the commodity leads to:
  • A
    increase in real income of the consumer
  • B
    decrease in real income of the consumer
  • C
    increase in purchasing power of the consumer
  • ✓
    both (a) and (c)
✓

Answer

Correct option: D.
both (a) and (c)
(D)

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