Exhibit 19-4 ​

Multiple Choice

Exhibit 19-4
​

-Refer to Exhibit 19-4. As a consequence of the depicted change in the supply of X, the demand curve for Y shifted from D₁ to D₂. Which of the following pairs of goods are most likely represented by X and Y?

A) cars and gasoline
B) brand A peanut butter and brand B peanut butter
C) water and diamonds
D) milk and cereal
E) a and d