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We say that there is a decrease in demand when:
Fall in demand, with same price.
Fall in demand, with decrease in price.
Fall in demand, with increase in price.
None of the above.
Option (1) is correct.
Explanation: The Y-axis of the demand curve represents the price of the commodity, whenever there is a decrease in demand the curve shifts and the quantity demanded is
By: Parvesh Mehta ProfileResourcesReport error
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