Join ExamsbookAnswer : 3. "Cross-Demand"
When the demand of a commodity also depends upon prices of the substitutes & complementaries or relative prices then it is called5
Q: When the demand of a commodity also depends upon prices of the substitutes & complementaries or relative prices then it is called
- 1Income-Demandfalse
- 2Price-demandfalse
- 3Cross-Demandtrue
- 4Nonefalse
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Answer : 3. "Cross-Demand"
Explanation :
Answer: C) Cross-Demand Explanation: