If Goods X and Y Are Substitutes in Production,then a Rise

question 174

Multiple Choice

If goods X and Y are substitutes in production,then a rise in the price of good X

• A)increases the demand for good Y.
• B)decreases the demand for good Y.
• C)increases the supply of good Y.
• D)decreases the supply of good Y.
• E)might change the supply of Y;it depends on whether X and Y are also substitutes.

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Definitions:

Raised in Same Family

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Similar in Personality

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