Solved

If the Price of "X" Increases and You Buy Less

Question 35

Multiple Choice

If the price of "X" increases and you buy less "Y," then


A) "X" and "Y" are complements,and the price of "Y" will increase.
B) "X" and "Y" are complements,and the price of "Y" will decrease.
C) "X" and "Y" are substitutes,and the price of "Y" will increase.
D) "X" and "Y" are substitutes,and the price of "Y" will decrease.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions