Question:medium

Goods are substitutes when an increase in price of one leads to of other commodity

Show Hint

For substitute goods, price of one good and demand for the other good move in the same direction.
Updated On: May 22, 2026
  • a decrease in demand
  • no change in demand
  • a decrease in price
  • an increase in demand
Show Solution

The Correct Option is D

Solution and Explanation

Was this answer helpful?
0


Questions Asked in CUET (PG) exam