Economy, asked by brijraj171204, 8 months ago

when price of good x increase, demand for good y also increases. How are the two good related? Ch 3 Demand​

Answers

Answered by shanmukee59
2

Answer:

It can be seen from the given demand functions that Consumer 1 do not want to demand the goods for any price greater than or equal Rs.20 and consumer 2 do not want to demand the goods for any price greater than Rs 15.

Hence, the market demand function will be,

ncert-solutions-class-12-micro-economics-demand-1

Explanation:

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