How can a substitute product affect demand?

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asked Dec 15, 2020 187k views

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Nakeer · Answer 1 · 2020-12-19T20:39:20+0000

assume you have product A and product B, and they are substitutes. if the price of product A goes up, and the price of product B stays the same, the demand for product B will go up

How can a substitute product affect demand?

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