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Elementary Theory of Demand — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsElementary Theory of Demand1 Mark
MCQ
What does an upward movement along the same demand curve indicate?
  • A
    Increase in demand
  • B
    Decrease in demand
  • ✓
    Contraction in demand
  • D
    Expansion in demand
✓

Answer

Correct option: C.
Contraction in demand
C

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