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10 August, 14:11

How will price changes affect the demand for goods that are unrelated?

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  1. 10 August, 14:38
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    The demand for the unrelated goods is not affected by the fluctuations in the prices of unrelated commodities. Only related items prices can affect the demand for a commodity. Take an example of a car and tea. Change in prices of any of them will not affect other because in no way they are linked to each other in terms of production and consumption.
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