Economy, asked by shikhar3998, 1 year ago

how is the supply of a commodity affected by increase in price of other related goods​

Answers

Answered by shailesh1211
3

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

thank you

Answered by Anonymous
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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