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If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or de- crease in the expenditure on the commodity?
5Q:
If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or de- crease in the expenditure on the commodity?
- 14% increasefalse
- 24% decreasetrue
- 38% decreasefalse
- 48% increasefalse
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