Suppose that the demand for crocodile leather falls after a decrease in price of snake skin.This would mean that crocodile leather is:

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Crocodile leather and snake skin are both types of exotic leather that are used for luxury products such as handbags, shoes and wallets. When the price of snake skin decreases, consumers will switch from using more expensive crocodile leather products to the cheaper snake skin products. This indicates that crocodile leather and snake skin are substitute goods, as they can be used interchangeably. Therefore, a decrease in demand for crocodile leather after a decrease in price of snake skin indicates that crocodile leather is a substitute good.

Suppose That the Demand for Crocodile Leather Falls After a Decrease