If an Increase in the Price of Good X Causes

question 140

Multiple Choice

If an increase in the price of good X causes the demand for good Y to decrease, this indicates that

• A) X and Y are complements.
• B) X and Y are substitutes.
• C) X and Y are unrelated.
• D) the demand for X is elastic, but the demand for Y is inelastic.

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Definitions:

Direct-service Staff

Employees who provide frontline services directly to clients or customers, such as in healthcare, social services, or customer support.

Policy Proposal

A formal suggestion or plan put forward for consideration or implementation aiming to address specific issues or needs within a government or organization.

Implementation

The act of putting a plan, system, or policy into effect.

Define

To explain the meaning of a term or concept clearly and accurately.