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State two types of related goods. - Economic Applications

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Question

State two types of related goods.

One Line Answer

Solution

Related goods are of two types:

  1. Complementary goods
  2. Substitute goods
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Shift in Demand Curve
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Chapter 1: Elementary Theory of Demand - QUESTION BANK [Page 24]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTION BANK | Q 5. | Page 24
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