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Suppose That Good X and Good Y Are Substitutes and Good

Question 96

Multiple Choice

Suppose that good X and good Y are substitutes and good X and good Z are complements. When the price of a good Y _____ or the price of good Z _____, the demand for good X shifts outward.


A) increases; decreases
B) increases; increases
C) decreases; decreases
D) decreases; increases

Correct Answer:

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