Products Whose Demand Rises When Another Product’s Price Increases Are Calledsubstitute Goods.complementary Goods. Elastic Goods.clearance Goods.

Best apk References website

Products Whose Demand Rises When Another Product’s Price Increases Are Calledsubstitute Goods.complementary Goods. Elastic Goods.clearance Goods.. If two goods are substitutes, an increase in the price of one good will result in a decrease in the quantity bought of that good, and an increase in the quantity of the other.

Substitute Goods and Complementary Goods
Substitute Goods and Complementary Goods from www.geeksforgeeks.org

If two goods are substitutes, an increase in the price of one good will result in a decrease in the quantity bought of that good, and an increase in the quantity of the other.

If Two Goods Are Substitutes, An Increase In The Price Of One Good Will Result In A Decrease In The Quantity Bought Of That Good, And An Increase In The Quantity Of The Other.


Popular Post :