Advertisements
Advertisements
Questions
Give the meaning of Cross demand.
What is meant by cross demand?
What is meant by cross demand?
Explain the following:
Cross Demand
Explain
Very Short Answer
Advertisements
Solution
Other things being constant, the relationship between the price of a commodity and demand for its related goods (substitute goods or complementary goods) is called cross-demand.
shaalaa.com
Is there an error in this question or solution?
Chapter 2: Demand and Law of Demand - TEST YOURSELF QUESTIONS [Page 26]
