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Does a rise in price of other goods have...

Does a rise in price of other goods have the same effect on demand for a commodity ?

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NO, rise in prices of other goods does not have the same effect on demand for a commodity.
(i) IN case of rise in price of substitute goods, demand for the given commodity rises.
(ii) In case of rise in price of complementary goods, demand for the given commodity falls.
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FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. When income of the consumer falls the impact on price-demand curve of ...

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  2. If due to fall in the price of good X, demand for good Y rises, the t...

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  3. Does a rise in price of other goods have the same effect on demand for...

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  4. Does a fall in income have the same effect on demand for the given c...

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

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  6. Giving reasons, state the following statements are true or false: ...

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  7. Differentiate between Normal Goods and inferior Goods.

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  8. Differentiate between substitute goods and complementary goods.

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  9. Explain law of demand with the help of a demand schedule.

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  10. Law of demand is one sided. It explains only the effect of change in p...

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  11. State any three causes of a rightward shift of a demand curve of a com...

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  12. State any three factors which lead to increase in demand.

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  13. Under what conditions a consumer would like to demand less at a given...

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  14. State any three causes of a leftward shift of a demand curve of a comm...

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  15. State any three factors which lead to decrease in demand.

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  16. Differentiate between increase in demand and expansion in demand (inc...

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  17. Differentiate between decrease in demand and contraction in demand (de...

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  18. Explain the inverse relationship between the price of a commodity and...

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  19. Why does law of demand slope downward from left to right ?

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  20. Why do household buy more at a lower price than at a higher price ?

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