If the demand for a good increases when the price of another good increases, then these goods are

Name: If the demand for a good increases when the price of another good increases, then these goods are
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the demand for a good increases as the price of another good increases, it indicates that the two goods are substitutes. This means consumers are turning to the alternative good as the more cost-effective option.

If the Demand for a Good Increases When the Price