If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or decrease in the expenditure on the commodity ?

If the price of a commodity is decreased by 20% and its consumption is

1.	If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or decrease in the expenditure on the commodity ?
A.	4% increase
B.	4% decrease
C.	8% decrease
D.	8% increase
Answer» C. 8% decrease

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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 decrease in the expenditure on the commodity ?

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