If the consumer demand for product X increases as the price of product Y decreases we can be fairly certain that X

a

X and Y are complementary commodities

b

X and Y are substitute goods

c

X and Y are independent goods

d

X and Y are jointly supplied

e

X and Y are inferior commodities

Download Offline App Ask a Question

Explanation

Correct Option
a

No explanation available

Video Explanation

No video available

Post your Contribution

Share:

Discussions (12)

DROCKTUTORS
13 years ago

Correct! X and Y are complementary or jointly demanded commodities. E.G. Car and Petrol. The lower the price of car, the higher the demand for Petrol and vice versa

chk
1 year ago

sorry I made a mistake while uploading the picture

Enex099
2 months ago

why can't it be substitute goods

chk
1 year ago
Image
Image
Image

take a look at this

Shugar_boi
5 years ago

but thats not the case here..recheck this

yusufwasiu
12 years ago

"B" is the rght ans bcos the two goods gv same utility.And for a rise in price X when the price of Y is uphold,it leads to increase in demand of Y.Hence we say X and Y are inversely related.perfect example is Bournvita and Milo whc are beverage i.e gv same utility.Being a rational human being when the price of Milo rises while Bournvita remain the same,wil result to rise in the demand of Bournvita.

BARRY@kelechi
1 year ago

guys lets create a group

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments