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Other things being equal a decrease in demand can be caused by

Question:

Other things being equal a decrease in demand can be caused by

A.

a fall in price of the commodity

B.

a fall in income of the consumer

C.

a rise in price of the substitute

D.

none of these

Answer» b. a fall in income of the consumer

Note: The above multiple-choice question is for all general and Competitive Exams in India