Economy, asked by kalyanibarik857, 10 days ago

How does the demand for a commodity depend on prices of related goods?​

Answers

Answered by XxAttitudeBoy2248Xx
4

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When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases.

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