If a fall in price of Good X leads to a rise in demand for Good Y, then X and Y are substitude goods.

If a fall in price of Good X leads to a rise in demand for Good Y, the

1.	If a fall in price of Good X leads to a rise in demand for Good Y, then X and Y are substitude goods.
Answer» <html><body><p></p>Solution :In case of <a href="https://interviewquestions.tuteehub.com/tag/substitude-3084245" style="font-weight:bold;" target="_blank" title="Click to know more about SUBSTITUDE">SUBSTITUDE</a> goods, fall in price of <a href="https://interviewquestions.tuteehub.com/tag/one-585732" style="font-weight:bold;" target="_blank" title="Click to know more about ONE">ONE</a> good reduces the <a href="https://interviewquestions.tuteehub.com/tag/demand-436956" style="font-weight:bold;" target="_blank" title="Click to know more about DEMAND">DEMAND</a> for <a href="https://interviewquestions.tuteehub.com/tag/another-876628" style="font-weight:bold;" target="_blank" title="Click to know more about ANOTHER">ANOTHER</a> good. X and Y are <a href="https://interviewquestions.tuteehub.com/tag/complementary-2532127" style="font-weight:bold;" target="_blank" title="Click to know more about COMPLEMENTARY">COMPLEMENTARY</a> goods and not substitude goods.</body></html>