Question

Slope of demand curve of good X is -3 make a demad schedule for good X

Answer 1

If Good-x and Good-y are substitutes. If we construct a a cross demand curve for good-x with reference to the price of good-y, the cross demand curve of good-x will slope up ward. It means a positive relation. ... If the price of good-B goes up, consumer will buy less quantity of it.

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