Question

following statement are true or false give reasons:
(1) increase in number of consumers shifts the demand curve rightward
(2) the demand of a commodity becomes elastic if its substitute goods is available in the market

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Answer 1

Answer:

following statement are true or false give reasons:

(1) increase in number of consumers shifts the demand curve rightward

(2) the demand of a commodity becomes elastic if its substitute goods is available in the market