Good Y Is a Complement to Good X If an Increase

question 76

Multiple Choice

Good Y is a complement to good X if an increase in the price of good Y leads to

• A) an increase in the demand for good X.
• B) an increase in the supply for good X.
• C) a decrease in the demand for good X.
• D) a decrease in the supply for good X.

---

Definitions:

Title Insurance Company

A company that provides insurance against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.

Paralegal

A legal professional who assists attorneys in the delivery of legal services, performing tasks such as research and document preparation.

Buyer's Attorney

A lawyer specialized in representing the interests of a buyer in transactions, focusing on ensuring the legal soundness and fairness of purchase agreements.

Closing

In a letter, an ending word or phrase placed above the signature, such as “Sincerely” or “Very truly yours.”