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Effect of price change on a …

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Effect of price change on a substitute goods

Posted by Maku Tetunwar 3 months, 3 weeks ago

CBSE > Class 11 > Economics

2 answers

Prachy Pandey 3 months ago

When price of substitute goods changes it led to increase or decrease in demand of given good

Abhishek Thakur 3 months, 1 week ago

If the price increases then the customer starts buying the substitute goods (cheaper) so, that demand of our product has decreased and vice versa

ANSWER

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Posted by Jaspreet Kaur 1 month, 3 weeks ago

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