Refer to the above graph.X and Y are substitute products.Which one of the lines in the graph best illustrates this relationship?

Question

Quizplus · Accepted Answer

Line B shows a negative relationship between the price of X and the quantity demanded of Y, indicating that they are substitute products. As the price of X increases, the quantity demanded of Y decreases, suggesting that consumers are switching from Y to X as a substitute. Lines A and C show a positive relationship between the price of X and the quantity demanded of Y, suggesting that X and Y are complements, while line D shows no relationship, indicating that X and Y are unrelated products.

Refer to the Above Graph