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What are the effects of change …

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What are the effects of change in income of a consumer of a commodity

    • Posted by Shanvi Chaudhary 7 years, 8 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Lakshita Sharma 7 years, 8 months ago

    When the income of the cobsumer will increase then the demand of the commodity will increase and if the income of the consumer will decrease then the demand of the.commodity will decrease...

    0Thank You

    Chiranjeet Mittal 7 years, 8 months ago

    When income decrease then budget line shift leftward and if income increases budget line shift rightward

    1Thank You

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