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Question

Higher demand for smart phone due to innovation is a case of _____ in demand.

A
decrease
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B
rise
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C
increase
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D
falls
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Solution

The correct option is B increase
Innovation is nothing but bringing something new in the product. It is done basically by the manufacturer in order to increase the demand for the goods and services. Hence, higher demand for smartphone due to innovation is a case of increase in demand.

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