chicken and mutton are substitutes if the price of chicken increases, the demand for mutton will be
1 increase or decrease but demand curve for chicken will not change
2not change but there will be a movement along the demand for mutton
3 increase but the demand curve for mutton will shift to right
4None Of These
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Answer:
3 is the correct ansqer
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✎Question
៚ chicken and mutton are substitutes if the price of chicken increases, the demand for mutton will be .
1 increase or decrease but demand curve for chicken will not change
increase or decrease but demand curve for chicken will not change2 not change but there will be a movement along the demand for mutton
not change but there will be a movement along the demand for mutton3 increase but the demand curve for mutton will shift to right
increase but the demand curve for mutton will shift to right4 None Of These
Explanation:
✠ The correct answer is
✠ (3) increase but the demand curve for mutton will shift to right.
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