मराठी

A change in the price of ______ (Substitute / Complementary) goods directly affects the demand for a given commodity, while a change in the price of ______ (Substitute / Complementary) goods

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प्रश्न

A change in the price of ______ (Substitute / Complementary) goods directly affects the demand for a given commodity, while a change in the price of ______ (Substitute / Complementary) goods inversely affects the demand for a given commodity.

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उत्तर

A change in the price of Substitute goods directly affects the demand for a given commodity, while a change in the price of Complementary goods inversely affects the demand for a given commodity.

Explanation:

A rise in the price of a substitute raises demand for the given good, whereas a rise in the price of a complementary good reduces its demand.

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पाठ 3: Demand - REVISION TEST PAPERS (RTPs) [पृष्ठ ३.५२]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
पाठ 3 Demand
REVISION TEST PAPERS (RTPs) | Q 6. | पृष्ठ ३.५२
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