If a Decrease in the Price of Good X Results

question 175

Multiple Choice

If a decrease in the price of good X results in a decrease in the quantity of Y demanded

• A) good X and good Y are substitutes.
• B) good X and good Y are complements.
• C) the cross-price elasticity of demand for good Y is negative.
• D) There is not sufficient information to determine the relationship between good X and good Y.

---

Definitions:

Supportive Communication

Engaging in dialogue that is empathetic, encourages positive relationships, and fosters mutual respect.

Organizational Silos

Refers to the separation of different departments or sectors within an organization, operating independently and with limited communication and cooperation.

Divisional Grapevine

Informal and unofficial channels of communication within a specific division or area of an organization.

Mum Effect

Occurs when people are reluctant to communicate bad news.