

MCQOPTIONS
Saved Bookmarks
1. |
If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or decrease in expenditure on the commodity? |
A. | 4% increase |
B. | 4% decrease |
C. | 8% increase |
D. | 8% decrease |
Answer» C. 8% increase | |