MCQOPTIONS
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| 1. |
If the price of a commodity is decreased by 10% and its consumption is increased by 20%, then what will be the increase or decrease in the expenditure of the commodity? |
| A. | 8% decrease |
| B. | 8% increase |
| C. | 10% increase |
| D. | 10% decrease |
| Answer» C. 10% increase | |