Gujarat SET Economics 2017 Solutions Paper 3 Part 2 | Economics | Amit Sir | BYJU'S Exam Prep

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Thank You So Much Sir for amazing session. Learn a lot. Every Question dealt with detailed explanation. Thank you for being amazing person and Fabulous Educator.

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[@rekhabhatt6829]

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Amazing session!! As usual learn sooo much

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Thank you sir. For the wonderful session .😊🙏

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Thank you sir...

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[@rashmisharma7630]

Sir ques. No.20th mai ye baat hicks ne boli thi ki keynes ne please clear kar digae ye doubt!

[@rukhsanakosar4062]

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[@rukhsanakosar4062]

@AMIT CHATTERJEE thank you soo much sir ❤️

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[@rukhsanakosar4062]

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[@rukhsanakosar4062]

2016 mein last time hua tha exam I think so

[@sattuyadav8172]

What will be the shape of demand curve for substitute goods

[@rekhabhatt6829]

Look Substitute goods are tea and coffee . You can't Draw a demand curve for both of them together bcoz demand curve shows quantity and price. Or you can cause the dd curve to shift bcoz of related goods.

[@rekhabhatt6829]

If you are talking about. IC then it will be straight line.

[@sattuyadav8172]

@@rekhabhatt6829 but conducting body requiring proof to prove wrong and the answer is give positively sloped in answer key, if you have any source to prove wrong please help me

[@sattuyadav8172]

@@rekhabhatt6829 the board book shows the diagram like x y are substitute goods, price on y-axis of x and quantity on x-axis of y then figure will prove positive slope of demand curve

[@rekhabhatt6829]

Look In case of Substitute goods ... When Px falls Qd rises and demand for y falls... positive relation If you want you can show it by cross elasticity concept

[@sattuyadav8172]

If answer is negative sloped please provide source for objection

[@rekhabhatt6829]

No ans. Can't be negative slope. There exists positive relation only

[@manisharoy5883]

For normal goods susbstitution effect is always negative and bcoz of which normal demand curve have negative slope.

[@Simple_living25]

Kitni achi over acting kr lete ho aap...saare answer phle se dekh k aaye or aese show off kr rhe jaise ki hamne dekha hi nhi..good job👍🏻

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Thank you so much sir 🍁🍁🍁🍁🌲💞💞

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