हिंदी

How does substitute goods’ demand react when the price of one rises?

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प्रश्न

How does substitute goods’ demand react when the price of one rises?

विकल्प

  • Both decrease

  • Both increase

  • Demand for the other rises

  • No change

MCQ
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उत्तर

Demand for the other rises.

Explanation:

If the price of coffee rises, people may buy more tea, a substitute.

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