Economy, asked by priyankavitkar0626, 2 months ago

in case of substitute goods what is income elasticity(

Answers

Answered by manishrawat70398

0

Answer:

Substitute goods have a positive cross-price elasticity: as the price of one good increases, the demand for the other good increases.

Answered by LEGEND778

0

Answer:

as the price of one good increases, the demand for the other good increases.

Explanation:

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