when price of substitute goods is increse.
Answers
Answered by
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 .......................
hope it helps........❤❤❤
mark me as brainllist❤❤
ayush11555:
hi
Answered by
4
Aɴsᴡᴇʀ✯
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.
Similar questions