When the price of a good rises, its quantity demanded usually
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Class 9 · Social Science · Understanding Society: India and Beyond - Part I
9. The Price Puzzle: What Drives the Market
When the price of a good rises, sellers usually
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Answer and explanation
Answer: A. supply more
Higher prices make selling more profitable — the law of supply.
Open this question →A market is
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Answer and explanation
Answer: A. any arrangement where buyers and sellers exchange goods or services
Markets can be physical, like a mandi, or online.
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