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d) if A and B are subsitutes, then a rise in the price of A will tend to result in an increase in the demand for B
because if the price of A will increase the people will buy B goods... according to the law of demand
because if the price of A will increase the people will buy B goods... according to the law of demand
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heya!
here is ur answer _____________________
ans. d) if a n b are substitutes, then a rise in the price of a will tend to result in an increase in the demand for b.
generally in case of substitute goods, the slope will be positive coz higher the price of good A then higher than demand for good B.. for e. g. tea n coffee.
hope this help!!
here is ur answer _____________________
ans. d) if a n b are substitutes, then a rise in the price of a will tend to result in an increase in the demand for b.
generally in case of substitute goods, the slope will be positive coz higher the price of good A then higher than demand for good B.. for e. g. tea n coffee.
hope this help!!
khushboo41:
mark my answer as brainliest buddy
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