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Question

If consumers tend to buy more corresponding to the existing price of the commodity, supply curve should shift to the right.

A
True
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B
False
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Solution

The correct option is B False
False.
If consumers tend to buy more corresponding to the existing price of the commodity, demand curve should shift to the right. The supply curve in this case will remain constant, unless, there is a change in some factor affecting supply, except price.

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