If two goods are substitutes:
a) they are consumed independently.
b) they are necessarily inferior goods.
c) an increase in the price of one will increase the demand for the other.
d) a decrease in the price of one will increase the demand for the other.

Question

12-06-2024
Business

Answered

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If two goods are substitutes:
a) they are consumed independently.
b) they are necessarily inferior goods.
c) an increase in the price of one will increase the demand for the other.
d) a decrease in the price of one will increase the demand for the other.

Sagot :

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