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Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Consumer's Equilibrium and Demand › The law of demand is valid if income and other g…

The law of demand is valid if income and other goods' prices

Aremain constant
Bkeep rising
Ckeep falling
Dchange every day
Answer & Solution
Correct answer: A. remain constant
Quantity demanded varies inversely with price only when income and the prices of other goods are held constant.
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