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Substitute goods

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Substitute goods

    • Posted by Käràn Kannu 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Soumyadeep Paul 5 years, 11 months ago

    Substitute goods are those goods which can be used in place of ine another for sarisfaction of a particular want. Ex.: Tea and Coffee. An increase in the price of substitute leads to an increase in the demand for given commodity and vice-versa.

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