Multiple Choice
When income increases, the demand curve for product X shifts rightward and the demand curve for product Y shifts leftward. These shifts mean that
A) X and Y both normal goods.
B) X and Y are complements.
C) X is a normal good and Y is an inferior good.
D) X is an inferior good and Y is a normal good.
Correct Answer:
Verified
Correct Answer:
Verified
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