how is the supply of a commodity affected by increase in price of other related goods
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Answered by
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there is inverse relationship between supply of given goods and price of related goods
so if price of a related goods increased then the supply of given goods will decreased at the same price
and if the price of a related goods decreased then supply of given goods will increased at the same price.
hope you understand it well
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Answered by
16
there is inverse relationship between supply of given goods and price of related goods
so if price of a related goods increased then the supply of given goods will decreased at the same price
and if the price of a related goods decreased then supply of given goods will increased at the same price.
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