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Catherin's demand schedule correct demand concept; law of demand inverse price-quantity relation elasticity.
Ref: NCERT Economics Class XI Chapter 2 Consumer Behaviour explains demand law elasticity utility indifference curve consumer equilibrium clearly.
Price mix marketing correct; 4Ps product price place promotion create value.
Ref: NCERT Business Studies Class XII Chapter 11 Marketing Management covers marketing mix product price place promotion branding packaging decisions.
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