Suppose That Goods X and Y Are Substitutes and the Price

question 84

Multiple Choice

Suppose that goods X and Y are substitutes and the price of good Y falls. We would then expect

• A) the quantity of good Y demanded to increase and the demand for good X to increase also.
• B) an increase in the demand for good X and a decrease in the quantity of good Y demanded.
• C) an increase in the quantity demanded of good Y and a decrease in the demand for good X.
• D) an increase in the demand for both good X and good Y.

---

Definitions:

Marijuana Use

The practice of using cannabis, a mind-altering substance, either for pleasure or health reasons.

Wish-Fulfillment Theory

A psychological theory suggesting that dreams represent the unconscious desires and wishes of the dreamer.

Manifest Content

In psychoanalysis, the manifest content is the literal storyline or surface meaning of a dream, as remembered by the dreamer.

Latent Content

The hidden psychological meaning of dreams, as distinguished from their manifest content.