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Exhibit 20-4 -Refer to Exhibit 20-4.As a Consequence of the Depicted Change

Question 64

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Exhibit 20-4
Exhibit 20-4    -Refer to Exhibit 20-4.As a consequence of the depicted change in the supply of X,the demand curve for Y shifted from D<sub>1</sub> to D<sub>2</sub>.It follows that A)  X and Y are substitutes. B)  X and Y are complements. C)  X and Y are inferior goods. D)  demand for Y is price elastic.
-Refer to Exhibit 20-4.As a consequence of the depicted change in the supply of X,the demand curve for Y shifted from D1 to D2.It follows that


A) X and Y are substitutes.
B) X and Y are complements.
C) X and Y are inferior goods.
D) demand for Y is price elastic.

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