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Economics

If two goods are substitute goods, Select one:

a. The percentage change in quantity demanded for good X will fall if there is a reduction in price of good Y.

b. If the price of good X increases, the demand for good Y falls.

c. The percentage change in quantity demanded for good X will rise if there is a reduction in the price of good Y.

d. The percentage change in quantity demanded for good X will stay the same if there is an increase in the price of good Y. Check

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91927269

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