Economy, asked by kumarram43358, 1 year ago

If the price of Good X falls, the demand for Good Y rises. How Good X and
Y are related?

Answers

Answered by Poojithavarma
2

Answer:

its true

Explanation:

if the price of X good falls, there will be no demand on it and it gets lower income on this particulate...

so the only thing the officials that might be government or private, will put more charges and increase the price of Y good which is in form.

so, they will get the income as usually...the only thing to be noticed is inflation will effect common people... and the maximum price average on both goods X and Y will be taken

Similar questions