state true or false with reasons
Are the following statements true or false. Give reason (4)
(i) Decrease in the price of Apple will shift its demand curve towards left.
(ii) If Tea and Coffee are substitutes, a fall in the price of Tea leads to Rise in the demand of coffee.
 (iii)lf a household buys less of a commodity due to rise in income, then the given commodity must be an inferior good.
(iv) In case of Giffen good, demand curve slope upwards.

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