1.

A, B, and C are three commodities, where A and B are complementary , whereas A and C are substitudes. With increase in price commodity A :

Answer»

Demand of all the COMMODITIES A, B and C will FALL
Demand of commodities A and B will fall, whereas demand of C will rise
Demand of commodities A and C will fall, whereas demand of B will rise
Demand of commodities B and C will fall, whereas demand of A will rise

Answer :B


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