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If the price of a good increases, then :

 a. the demand for complementary goods will increase. 

 b. the demand for the good will increase. 

 c. the demand for substitute goods will increase. 

 d. the demand for the good will decrease.

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/17
Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer option ________________C

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

 c. the demand for substitute goods will increase. correctttttttttttttttttttttttttttttttttt

Well done all of you

Thanks

 

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

C..........................................................................

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

I choose c ........................................option

zied kessemtini
by zied kessemtini , Software Developer , Amazech Solution

 The demand for complementary goods will increase ..

Muhammad Ramzan Tufail  ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(C) is the Correct Ans.

 

The demand for substitute goods will increase

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. If the price of a good increases, then The correct answer was: c. the demand for substitute goods will increase.

the demand for substitute goods will increase

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Choice D is the answer for this question

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