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If commodities A B are jointly demanded, what will be the effect of an increase in the ...
Classroom
Economics Classroom
Neco
Neco 2002
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If commodities A & B are jointly demanded, what will be the effect of an increase in the price of A on the demand for commodity B?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Decrease in demand for commodity B
B
Decrease in price of commodity B
C
Demand for commodity B remain constant
D
Increase in demand for commodity B
E
Increase in the price of commodity B
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Show Explanation
Correct Answer:
Option A
Explanation:
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