Economy, asked by gayatri700, 1 year ago

when price of substitute is increase​

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Answered by akanchha59
1

.............. I hope your help.............

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Answered by vanunagar13
5

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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