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If Goods X and Y Are Substitutes in Production, Then

Question 138

Multiple Choice

If goods X and Y are substitutes in production, then a rise in the price of good X


A) increases the supply of good Y.
B) increases the demand for good Y.
C) decreases the demand for good Y.
D) decreases the supply of good Y.
E) might change the supply of Y; it depends on whether X and Y are also substitutes.

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