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kicyunya [14]
3 years ago
10

How does price of related goods affect demand

Business
1 answer:
antoniya [11.8K]3 years ago
6 0

The price of related goods is one of the other factors affecting demand. a. Related goods are classified as either substitutes or complements. ... An increase in the price of a good will increase demand for its substitute, while a decrease in the price of a good will decrease demand for its substitute.

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Answer:

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