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Goods X and Y Are Perfect Complements

Question 133

Multiple Choice

Goods X and Y are perfect complements.If the price of good Y falls,what will the substitution effect acting by itself do


A) It will cause consumers to buy more of good Y and less of good X.
B) It will cause consumers to buy more of good X and less of good Y.
C) It will not affect the amount of goods X and Y that consumers buy.
D) It will affect the amount of goods X and Y that consumers buy, but in an unpredictable way.

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