Answer to Question #112565 in Economics of Enterprise for dima hajj

Question #112565
As the number of substitutes for by a particular good decreases, demand for the good will
1
Expert's answer
2020-04-29T09:24:43-0400

When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decrease.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS