Exhibit 5-8 Supply and demand curves for good X

-As shown in Exhibit 5-8, assuming goods X and Y are substitutes, a decrease in the price of Y, other factors held constant, will move the equilibrium from point E to point:
A) W.
B) X.
C) Y.
D) Z.

Question

Exhibit 5-8 Supply and demand curves for good X
​ 
-As shown in Exhibit 5-8, assuming goods X and Y are substitutes, a decrease in the price of Y, other factors held constant, will move the equilibrium from point E to point:
A) W. 
B) X. 
C) Y. 
D) Z.

Quizplus · Accepted Answer

The Answer of Exhibit 5-8 Supply and demand curves for good X
​ 
-As shown in Exhibit 5-8, assuming goods X and Y are substitutes, a decrease in the price of Y, other factors held constant, will move the equilibrium from point E to point:
A) W. 
B) X. 
C) Y. 
D) Z.

Exhibit 5-8 Supply and Demand Curves for Good X