Goods X and Y are complements while goods X and Z are-09030
Goods X and Y are complements while goods X and Z are substitutes. If the supply of good X increases:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.8.
Goods X and Y are complements while goods X and Z are substitutes. If the supply of good X increases:
The demand for both Y and Z will increase.
The demand for Y will increase while the demand for Z will decrease.
The demand for Y will decrease while the demand for Z will increase.
The demand for both Y and Z will decrease.
