Suppose an excise tax is imposed on product X.We would expect this tax to:
A) increase the demand for complementary good Y and decrease the demand for substitute product Z.
B) decrease the demand for complementary good Y and increase the demand for substitute product Z.
C) increase the demands for both complementary good Y and substitute product Z.
D) decrease the demands for both complementary good Y and substitute product Z.
Correct Answer:
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