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Commerce · Q569

Economics

Graduate and Post Graduate · Commerce · question 569

Q569

If the price of good Y increase and the price of good X remains the same and in such a situation the demand for X increases then

A.
X and Y will be substitute goods
Answer
B.
X and Y will be complementary goods
C.
X and Y will be independent objects/goods
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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