Economy, asked by bhalodiamanthan, 12 hours ago

The demand curve for good x shifts to left

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Answered by ambikayadav23

1

Changes in the price of related goods: The demand for good X may be changed by increases or decreases in the prices of other, related goods. ... Conversely, as the price of the substitute good Y falls, the demand for good X decreases and the demand curve for good X shifts to the left, as in Figure (a).

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