What is the relation between good x and good y in each case, if with a fall in price of x demand for good y (i) rises and (ii) falls ? Give reason.

What is the relation between good x and good y in each case, if with a

1.	What is the relation between good x and good y in each case, if with a fall in price of x demand for good y (i) rises and (ii) falls ? Give reason.
Answer» SOLUTION :(i) GOODS X and y are complementary goods as with fall in PRICE of x, demand for good y rises , (II) Goods x and y are substitude goods as with fall in price of x, demand for good y also falls.