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A fall in the price of the good for a seller leads to
  • a)
    Movement of the demand and supply curves of the given good
  • b)
    Shift of the demand curve of the given good only
  • c)
    Shift of the demand and supply curves of the given good
  • d)
    Contraction of the supply curve of the given good only
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
A fall in the price of the good for a seller leads toa)Movement of the...
Price is what the producer receives for selling one unit of a good or service. A rise in price almost always leads to an increase in the quantity supplied of that good or service, while a fall in price will decrease the quantity supplied.
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A fall in the price of the good for a seller leads toa)Movement of the...
Garam money kal ko bataunga.
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A fall in the price of the good for a seller leads toa)Movement of the demand and supply curves of the given goodb)Shift of the demand curve of the given good onlyc)Shift of the demand and supply curves of the given goodd)Contraction of the supply curve of the given good onlyCorrect answer is option 'D'. Can you explain this answer?
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A fall in the price of the good for a seller leads toa)Movement of the demand and supply curves of the given goodb)Shift of the demand curve of the given good onlyc)Shift of the demand and supply curves of the given goodd)Contraction of the supply curve of the given good onlyCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A fall in the price of the good for a seller leads toa)Movement of the demand and supply curves of the given goodb)Shift of the demand curve of the given good onlyc)Shift of the demand and supply curves of the given goodd)Contraction of the supply curve of the given good onlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A fall in the price of the good for a seller leads toa)Movement of the demand and supply curves of the given goodb)Shift of the demand curve of the given good onlyc)Shift of the demand and supply curves of the given goodd)Contraction of the supply curve of the given good onlyCorrect answer is option 'D'. Can you explain this answer?.
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