Cross price effect occurs in case of substitude goods only

1.	Cross price effect occurs in case of substitude goods only
Answer» <html><body><p></p>Solution :It <a href="https://interviewquestions.tuteehub.com/tag/occurs-1127848" style="font-weight:bold;" target="_blank" title="Click to know more about OCCURS">OCCURS</a> in complementary goods also. <a href="https://interviewquestions.tuteehub.com/tag/cross-939411" style="font-weight:bold;" target="_blank" title="Click to know more about CROSS">CROSS</a> price effect shows effect on demand of a <a href="https://interviewquestions.tuteehub.com/tag/given-473447" style="font-weight:bold;" target="_blank" title="Click to know more about GIVEN">GIVEN</a> commodity due to change in price of related commodity and both <a href="https://interviewquestions.tuteehub.com/tag/substitue-3084248" style="font-weight:bold;" target="_blank" title="Click to know more about SUBSTITUE">SUBSTITUE</a> and complementary goods are related goods.</body></html>

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