Multiple Choice
The price of Good X increases by 25 percent,causing the quantity consumed of Good Y to decrease by 10 percent.If everything else is held constant in the economy,we can say with certainty that Good X and Good Y are
A) substitutes.
B) inferior.
C) complements.
D) normal.
E) unrelated.
Correct Answer:
Verified
Correct Answer:
Verified
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