Question

What happens if two goods are substitutes, and the price of one of the goods increases?

Answer 1

When two goods are substitutes and the price of one good increases, the price of the other good decreases. For example, Tea and coffee are substitutes. When the price if coffee increases, more people will opt for tea which will decrease the price of tea.

Answer 2

if two good substitutes are their and one of the substitutes price increases the other subsitute will decrease
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