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    Question

    Which of the following statements is true with respect

    to the law of demand?
    A Demand curve shifts to the right with increase in quantity demanded. Correct Answer Incorrect Answer
    B Demand curve of a normal good is usually negatively sloped. Correct Answer Incorrect Answer
    C Price is a function of consumer preferences. Correct Answer Incorrect Answer
    D Demand curve can never be positively sloped. Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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