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    For Two Goods,X and Y,to Be Classified as Substitutes,it Must
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For Two Goods,X and Y,to Be Classified as Substitutes,it Must

Question 124

Question 124

Multiple Choice

For two goods,X and Y,to be classified as substitutes,it must be the case that


A) X and Y are identical.
B) consumers tend to purchase both items.
C) when the price of X rises,the demand for Y decreases.
D) when the price of X rises,the demand for Y increases.
E) X and Y look alikE.

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