If an increase in the price of good X leads to an increase in the supply of good Y, X and Y are said to be

a

jointly supplied

b

competitive

c

composite

d

jointly demanded

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Correct Option
b

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Discussions (6)

Tendercadet
3 years ago

hello,jointly is correct why because if price of sponge[×]increases it can lead to the increase of soap [y],just giving an example,but for competitive the increase of fanta will lead to the decrease of coke why becuz coke would want more advantage in supply because people would want to buy coke than fanta because it is cheap...so the answer to this question is Jointly not competitive

nelboy
9 years ago

Hello, another source said its jointly demanded

consonant
10 years ago

The selected answer is wrong:

X and Y are competitive because the INCREASE IN the price of one would shift consumers' choice to the other since they're conpetitive and substitutable. Hence, jointly supplied is wrong

REF: Use your IQ or make reference to any Common sensical source

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