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Frame at least four appropriate multiple-choice options for the following question: Rise in the price of petrol is justified. - Economics

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Question

Frame at least four appropriate multiple-choice options for the following question:

Rise in the price of petrol is justified.

Short Note

Solution

  1. Because of the rise in demand for petrol
  2. Because of the rise in the supply of petrol
  3. Because of the rise in petrol duty
  4. Because of no close substitute for petrol 
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Collection of Data
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Chapter 2: Collection of Data - Exercise [Page 20]

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NCERT Statistics for Economics [English]
Chapter 2 Collection of Data
Exercise | Q 1. (iv) | Page 20
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