Economy, asked by gayatri700, 10 months ago

when price of substitute goods is increse.​

Answers

Answered by ayushi8462
2

if goods a and b are substituses , an increase of the price of a will result in a leftward movement along the demand curve of a and cause the demand curve for b to shift out .......................

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Answered by vanunagar13
4

Aɴsʀ

An increase in the price of one substitute good causes an increase in demand for the other. A decrease in the price of one substitute good causes a decrease in demand for the other. ... The result is an increase in the demand for OmniCola and a rightward shift of the demand curve.

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