Question

Increases in price of substitute good leads to:
a) Expansion of Demand
b) Increase in Demand
c) Decrease in Demand
d) Contraction in Demand​

Answer 1

Answer:

b

Explanation:

An increase in the price of a good will increase demand for its substitute, while a decrease in the price of a good will decrease demand for its substitute

Answer 2

Answer:

${\mathscr{\color{hotpink}{b) increase \: in \: demand}}}$