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Demand of a good _______ when price of its substitute falls. (A) Rises (B) Remains unaffected (C) Falls (D) Can be any of these

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in Economics by (59.2k points)

Demand of a good _______ when price of its substitute falls.

(A) Rises
(B) Remains unaffected
(C) Falls
(D) Can be any of these

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1 Answer

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by (62.4k points)

Correct option is (C) Falls

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