There are train and bus services between Chandigarh and New Delhi. If train fare between the two cities comes down, how will it affect the demand curve for bus travels?

There are train and bus services between Chandigarh and New Delhi. If

1.	There are train and bus services between Chandigarh and New Delhi. If train fare between the two cities comes down, how will it affect the demand curve for bus travels?
Answer» Solution :Train and bus SERVICES between the two cities are substitutes. If the train fare falls, then the demand for bus TRAVEL will DECREASE as there will be more demand for train services. The demand curve of bus services will shift to LEFT DD-`D_(2)D_(2)`.