When the price of a product falls, demand for its substitute will decrease.
What is Demand?
Demand is the number of goods a consumer is willing to purchase at the right price within a period of time. The prices of goods determine the level of demand for that particular good.
When the price of a particular product falls or depreciates, the demand for the substitute for that good will also decrease.
Learn more about Demand here:
https://brainly.com/question/1245771
#SPJ12
