If the consumer demand for product X increases as the price of product Y decreases...

Economics

JAMB 1978

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

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Correct Answer: Option A

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If the consumer demand for product X increases as the price of product Y decreases...

Correct Answer: Option A

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