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Commerce · Q1403

Economics

Graduate and Post Graduate · Commerce · question 1403

Q1403

If carrots and a good Y are substitutes, the relationship between the price of good Y and the quantity demand of carrots will be shown by a curve that will

A.
slope upwards
Answer
B.
slope downwards
C.
be a straight line parallel to x-axis
D.
be a straight line parallel to y-axis

Answer: Option A

Solution

Answer: Option A
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