Suppose That X and Y Are Substitute Goods

question 32

Multiple Choice

Suppose that X and Y are substitute goods. If the price of good X increases, we can expect:

• A) the demand for good X to shift to the left.
• B) an upward movement along the demand curve for good Y.
• C) the demand curve for good Y to shift to the right.
• D) a downward movement along the demand curve for good Y.