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Cross Elasticity Of Demand For Complementary And Essential Goods (in Hindi)
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Raushan Sir
Author, Motivator And Best Faculty Of GS at Mukherjee Nagar in Delhi,With Teaching Experience Of 12 Years

Unacademy user
Sir plz provide me in english
  1. X eD FOR COMPLIMENTARY GOODS Its cross elasticity is always (-ive)_because the increase in price for one good decreases the demand of other good which are closely associated with the main good for its consumption. Pen and Refill P refillConstant


  2. XeD FOR USEFULL OR ESSENTIAL GOODS . These are the goods which do not have any alternative or substitute in the market, and are essential for consumption. For such goods(Xeol is Zero Example salt . Insulin Essential staple food crops