What will be the reaction of consumers in a market if there is a fall in the price of the substitute of commodity X?
a
Demand for the substitute of commodity X will decrease
b
Demand for commodity X will decrease
c
Supply of both commodity X and its substitute will increase
d
Price of commodity X will increase
Explanation
Correct Option
bVideo Explanation
No video available
Post your Contribution
Share:
Discussions (0)
No comments yet
Be the first to comment

