ECO402 - Microeconomics

Question(s) similar to the following:

Coffee and tea are considered as substitutes if price of coffee increases then it will shift

Question 1: Coffee and tea are considered as substitutes if price of coffee increases then it will shift

Demand curve for tea towards left

Supply curve for tea towards left

Demand curve for coffee towards right

Demand curve for tea towards right

Similar Questions:

Question 2: Coffee and tea are considered as substitutes if price of coffee increases then it will shift

Demand curve for tea towards left

Supply curve for tea towards left

Demand curve for coffee towards right

Demand curve for tea towards right

Question 3: Coffee and tea are considered as substitutes, if price of tea decreases then it will shift

Demand curve for tea towards left

Demand curve for coffee towards left

Supply curve for coffee towards right

Demand curve for coffee towards right

Quizzes of ECO402 - Microeconomics

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