Exhibit 3-9
Refer to Exhibit 3-9. Consumers view X and Y as substitutes. If the price of Y increases as a result of a decrease in the supply of Y, an economist would expect a movement in the market for X from
A)F to E.
B)A to B.
C)E to F.
D)B to A.

Question

Exhibit 3-9 
Refer to Exhibit 3-9. Consumers view X and Y as substitutes. If the price of Y increases as a result of a decrease in the supply of Y, an economist would expect a movement in the market for X from
A)F to E. 
B)A to B. 
C)E to F. 
D)B to A.

Quizplus · Accepted Answer

The Answer of Exhibit 3-9 
Refer to Exhibit 3-9. Consumers view X and Y as substitutes. If the price of Y increases as a result of a decrease in the supply of Y, an economist would expect a movement in the market for X from
A)F to E. 
B)A to B. 
C)E to F. 
D)B to A.

Exhibit 3-9 Refer to Exhibit 3-9. Consumers View X and Y as and Y