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Indian Economy MCQ
1. Pencils and Erasers are an example of complementary goods as they are bought and used together. If there is a rise in the price of the pencils. It will induce which among the following?
(A): (A) an upward shift in the demand for erasers
(B): (B) a fall in the demand for erasers
(C): (C) a rise in the price of erasers
(D): (D) no impact on the demand of the erasers
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