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Dimitry K., Esq.
Dimitry K., Esq. , Attorney
Category: Finance
Satisfied Customers: 41220
Experience:  NASD Licensed Rep, 1997-2001, Business Attorney
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Two goods are substitutes if a decrease in the price of one good A. decreases the dem

Resolved Question:

Two goods are substitutes if a decrease in the price of one good

A. decreases the demand for the other good
B. decreases the quantity demanded of the other good
C. increases the demand for the other good
D. increases the quantity demanded of the other good
Submitted: 4 years ago.
Category: Finance
Expert:  Dimitry K., Esq. replied 4 years ago.
Thank you for your question.

The answer is "C", increase the demand for the other good.

Good luck.
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