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11. Explain how the prices of related goods also affect demand.

11. Explain how the prices of related goods also affect demand.
asked 6.2k views
4 votes
11. Explain how the prices of related goods also affect demand.

asked
User Mahega
by
8.2k points

1 Answer

4 votes
Because if the prices are to high then the demand will most likely decrease whereas if the prices are to low then the demand will most likely increase.

Hope this helps have a nice day :)
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User Sergei Danielian
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