Multiple Choice
Which of the following statements represents a correct and sequentially accurate economic explanation?
A) Goods X and Y are substitutes.The price of X falls,the quantity demanded of X rises,and the demand for Y rises.
B) Goods X and Y are substitutes.The price of X rises,the demand for X falls,and the demand for Y rises.
C) Goods X and Y are substitutes.The price of X falls,the demand for X rises,and the quantity demanded of Y rises.
D) Goods X and Y are substitutes.The price of X falls,the quantity demanded of X rises,and the demand for Y falls.
E) Goods X and Y are complements.The price of X falls,the quantity demanded of X rises,and the demand for Y falls.
Correct Answer:

Verified
Correct Answer:
Verified
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