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0 votes
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in Economics by (59.2k points)

Exception to law of demand means

(A) When price of a good falls, its demand rises
(B) When price of a good falls, its demand contracts
(C) When price of a good rises, its demand contracts
(D) Both (A) and (C)

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1 Answer

+1 vote
by (62.4k points)

Correct option is (B) When price of a good falls, its demand contracts

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