If the price of a commodity is decreased by 20% and its consumption is – McqOptions

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1.	If the price of a commodity is decreased by 20% and its consumption is increased by 10%, what will be the increase or decrease in the expenditure on the commodity?
A.	increase 12%
B.	decrease 12%
C.	increase 16%
D.	decrease 16%
Answer» C. increase 16%

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