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Start learning 50% faster. Sign in nowLet the marked price of the article is Rs. ‘x’. According to the question; 0.91x – 0.83x = 108 Or, 0.08x = 108 Or, x = 108/0.08 = 1350 Cost price of the article = (80/100) × 1350 = Rs. 1080
Revealed preference theory assumes
The falling part of the Total utility shows
Money Multiplier is always
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