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Suppose That X and Y Are Substitute Goods

Question 42

Multiple Choice

Suppose that X and Y are substitute goods. If the price of good X increases, we can expect:


A) the demand for good X to shift to the left.
B) an upward movement along the demand curve for good Y.
C) the demand curve for good Y to shift to the right.
D) a downward movement along the demand curve for good Y.
E) the demand curve for good Y to shift to the left.

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