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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
Question
Name two determinants of consumer's demand for a commodity.
✓

Answer

Two determinants of consumer's demand for a commodity are:
(i) Own price of the commodity, and
(ii) Income of the consumer.

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