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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
MCQ
When total demand for a commodity whose price has fallen increases, it is due to:
  • A
    Income effect.
  • B
    Substitution effect.
  • C
    Complementary effect.
  • ✓
    Price effect.
✓

Answer

Correct option: D.
Price effect.

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