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Economics
Demand relationship of 2 complementary goods ? And demand relationship of 2 competitive goods ?
Answers (3)
Yoga Vishnu
Complimentary goods - Negative relation Competitive goods - Positive relation
ie, in substitution tea and coffee when tea price increase and coffee price decrease which have more demand ??
Thread Starter
Fayis Eie, in substitution tea and coffee when tea price increase and coffee price decrease which have more demand ??
Yes. If tea price increases, coffee prices will be relatively cheaper and creates more demand
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