Solved

(Figure: Quantity of Good Y and X IV) the Price

Question 10

Multiple Choice

(Figure: Quantity of Good Y and X IV) The price of good Y decreased from $20 to $10. (Figure: Quantity of Good Y and X IV)  The price of good Y decreased from $20 to $10.   Goods X and Y are considered ____. A)  complements B)  substitutes C)  unrelated goods D)  inferior goods Goods X and Y are considered ____.


A) complements
B) substitutes
C) unrelated goods
D) inferior goods

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions