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If the price of an item b (which is a substitute for item a increases, then people will buy ________ of a.
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If the price of an item b (which is a substitute for item a increases, then people will buy ________ of a.
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Nov 1, 2018
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If the price of an item b (which is a substitute for item a increases, then people will buy ________ of
a.
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Ivan Kharlamov
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People are more likely to purchase the item of lesser cost. Thus, if item B increases past the price of item A, people will buy more of item A, opposed to the higher cost of item B.
Silouane Gerin
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Nov 8, 2018
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Silouane Gerin
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