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WAEC - Economics (2019 - No. 9)

The demand for coffee and tea is 
joint
competitive
composite
derived

Spiegazione

Competitive demand exists where a number of substitutes exist and one good can be purchased instead of another good. Tea and coffee are substitute goods, a consumer can either decide to consume tea or coffee. A fall or rise in the price of either of the two goods will lead to a fall or rise in the demand for its substitute.

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