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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
Question
Write an equation for a linear demand curve.
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Answer

q = a - bp
Here, q = Quantity, a = Intercept that demand curve makes with horizontal or quantity axis, p=Price, b = Slope of demand curve.

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