21. State whether the statement is true or false. Give reason in suppo – InterviewSolution

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21. State whether the statement is true or false. Give reason in support of your answer.Movement along the demand curve and shift in demand curve imply one and samething

Answer»

false .

MOVEMENT ALONG demand curve is due to change in own price of the commodity.

SHIFT in demand curve is due to change in other THINGS i.e. taste , expectations of the commodity.

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