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Demand & Its Determinants · Question 59 of 66

By how much does market demand rise when the price falls from ₹10 to ₹6?

Question 59

MediumOriginal question

A market has three buyers. The table shows how many kilograms of apples each demands per week.

Price (₹)AnuRaviSara
10231
8452
6674
4896

By how much does market demand rise when the price falls from ₹10 to ₹6?

Options for question 59

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. At ₹10: 2 + 3 + 1 = 6 kg. At ₹6: 6 + 7 + 4 = 17 kg.

  2. The rise is 17 − 6 = 11 kg.

Concept
Change in market demand
Typical time
70 s
Your time
—
The rule this testsMarket demand
Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.

Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.