Suppose you have 2 goods,X and Y.If the price of X increases and you buy more Y,then X and Y are

Name: Suppose you have 2 goods,X and Y.If the price of X increases and you buy more Y,then X and Y are
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Question

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When the price of X increases, the consumer substitutes X for Y, meaning they buy less of X and more of Y. This indicates that X and Y are substitutes, as the increase in price of one good leads to an increase in demand for the other.

Suppose You Have 2 Goods,X and Y