what will be the answer for this ????
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see....when price of goods increase then demand of goods is not increase its always decrease......and price decrease then demand increase,and first you know,what is demand ?
Demand refers to different possible quantities of commodity that the consumer is ready to buy at different possible prices of that commodity.
so,this is natural habit of humans ....He/she always find , where is profit...??
I just explain
suppose... 1 lt. of coca bottle of Rs 100 and
1 lt. of pepsi bottle of Rs 90....then
customers will buy pepsi not coca
bottle. then demand of pepsi will increase and coca will be decrease.
so, PRICE DECREASE DEMAND INCREASE
PRICE INCREASE DEMAND DECREASE
Demand refers to different possible quantities of commodity that the consumer is ready to buy at different possible prices of that commodity.
so,this is natural habit of humans ....He/she always find , where is profit...??
I just explain
suppose... 1 lt. of coca bottle of Rs 100 and
1 lt. of pepsi bottle of Rs 90....then
customers will buy pepsi not coca
bottle. then demand of pepsi will increase and coca will be decrease.
so, PRICE DECREASE DEMAND INCREASE
PRICE INCREASE DEMAND DECREASE
anu5682:
do i have to mention about substitute goods and complentary goods ?
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