When the price of good X rises and the demand for good Y also rises, consumers are switching from X to Y. This positive cross-price elasticity indicates that X and Y are substitute goods.
"Increase in price of good 'x' leads to increase in demand of good 'Y'. " How the goods are related to.
Verified 13 Jul 2026.
Complementary goods
Normal goods
Inferior goods
Substitute goods
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Marginal cost curve intersects average cost curve at ..........
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