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Exhibit 5-8 Supply and Demand Curves for Good X

Question 39

Multiple Choice

Exhibit 5-8 Supply and demand curves for good X
​ Exhibit 5-8 Supply and demand curves for good X ​ -As shown in Exhibit 5-8, assuming goods X and Y are substitutes, a decrease in the price of Y, other factors held constant, will move the equilibrium from point E to point: A) W. B) X. C) Y. D) Z.
-As shown in Exhibit 5-8, assuming goods X and Y are substitutes, a decrease in the price of Y, other factors held constant, will move the equilibrium from point E to point:


A) W.
B) X.
C) Y.
D) Z.

Correct Answer:

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