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Question Practice

What factor would likely result in higher prices in a market?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

What factor would likely resul...

Single Answer MCQ
Q-00130478

What factor would likely result in higher prices in a market?

1

Increase in consumer demand

2

Decrease in product availability

3

Increased competition

4

Improving technology

Previous QuestionNext Question
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