With the aid of a correctly labelled graph show the effect on milk if the price of coffee decreases

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asked Nov 14, 2019 20.5k views

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Eggplantelf · Answer 1 · 2019-11-19T03:00:02+0000

Milk and coffee are the complement goods. If the price of good decreases, there is going to be an increase in demand for the other good. Indeed, if the price of coffee decreases, there is going to be an increasing demand for milk.

With the aid of a correctly labelled graph show the effect on milk if the price of coffee decreases

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