Study the image below to answer the questions.

Which of the following represents the situation of change in quantity demanded caused due to rise in the price of the commodity?

[1 mark]

A to B

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A to C

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C to B

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None of the above

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Solution

The correct option is B A to C
Rise in price causes contraction in demand, which is represented by upward movement along the demand curve.

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Study the image below to answer the questions. Which of the following represents the situation of change in quantity demanded caused due to rise in the price of the commodity? [1 mark]

The correct option is B A to CRise in price causes contraction in demand, which is represented by upward movement along the demand curve.

Study the image below to answer the questions.

Which of the following represents the situation of change in quantity demanded caused due to rise in the price of the commodity?

[1 mark]

The correct option is B A to C
Rise in price causes contraction in demand, which is represented by upward movement along the demand curve.