how is the demand of a commod
ity affected by changes in the price of related goods ?explain with diagram
Answers
Answered by
0
... In this case, the demand curve shifts parallely outwards to the right. In the above diagram, as a result of rise in price of coffee, the demand for tea increases and the demand curve for tea shifts from D1D1 to D2 D2.
Answered by
0
Answer:
sorry i cant add diagram but
Explanation:
demand ∝ price of the commodity
Similar questions