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If an Increase in the Price of Good X Causes

Question 62

Multiple Choice
If an increase in the price of good X causes the demand for good Y to decrease, it can be concluded that

If an increase in the price of good X causes the demand for good Y to decrease, it can be concluded that


A) X and Y are substitutes.
B) X and Y are complements.
C) X and Y are inferior goods.
D) X and Y are superior goods.
E) there is collusion in the marketplace.

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