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When a decrease in the price of one good cause the demand for another good to increase the goods are?Answer and Explanation: If a decrease in the price of one commodity causes a fall in demand for another commodity, the two goods are substitutes.
When a fall in the price of one good reduces the demand of another good the two good are called?When a fall in the price of one good reduces the demand for another good, the two goods are called substitutes. When a fall in the price of one good increases the demand for another good, the two goods are called complements.
When the increase in the price of one good causes the demand for another good to decrease the goods are quizlet?Complementary goods are items that go together, so if the price of one increases the demand for the other will decrease.
What happens when the price of goods decreases?If the price decreases, quantity demanded increases. This is the Law of Demand. On a graph, an inverse relationship is represented by a downward sloping line from left to right.
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