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Goods X and Y are substitutes. Explain the effect of fall in price of Y on demand for X.

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Goods X and Y are substitutes. Explain the effect of fall in price of Y on demand for X.
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Since good X and good Y are substitues, there exists a positive relationship between price of good Y and demand for good X. So, with a fall in price of good Y, the demand for good X will also fall.
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