Economy, asked by kalerjagtarjagtarram, 10 months ago

effect of price change on a substitute goods with example its table and curve

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Answered by ItzSharmaji

With decrease in price of substitute goods (coffee), demand for the given commodity (tea) also decreases from OQ to OQ1 at the same price of OP. It shifts the demand curve of the given commodity towards left from DD to D1D1.

Answered by nk6452

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effect of price change on a substitute goods with example its table and curve​

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effect of price change on a substitute goods with example its table and curve