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In which situation demand increases and price increases ? Explain with an appropriate example.

Answer» Necessary goods such as food products<br>Awwwww.....<br>In case of inferior goods price increase causes increase in demand. Let\'s take an example BMW car is counted in inferior goods if its price decreases then the buyers whose demand is inelastic will shift to an another good and its demand will decrease then seller will have to increase its price to increse its demand


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