Multiple Choice
Assume the demand curve for product X shifts to the right.This might be caused by:
A) a decline in income if X is an inferior good.
B) a decline in the price of Z if X and Z are substitute goods.
C) a change in consumer tastes which is unfavourable to X.
D) an increase in the price of Y if X and Y are complementary goods.
Correct Answer:
Verified
Correct Answer:
Verified
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