If as a result of fall in price of the commodity X, the quantity demanded of commodity Y falls, then commodities X and Y are
a
complementary
b
in joint demand
c
luxuries
d
in composite demand
e
substitutes
Explanation
Correct Option
eNo explanation available
Video Explanation
No video available
Post your Contribution
Share:
Discussions (4)

Ott_2
1 year ago
A fall in the price of Commodity X, will cause an increase in demand for quantity X. This in turn causes a decrease in the demand for commodity Y. Hence, they are substitute goods.


