【单选题】Suppose that good X has a negative income elasticity of demand. This implies that the good is
【单选题】Suppose good X is a substitute of good Y. Everything else r emaining unchanged, an increase in price of g ood Y will lead to: a. an increase in demand for good Y. b. a decrease in demand for good X. c...
【单选题】Suppose good X is a substitute of good Y. Everything else remaining unchanged, an increase in price of good Y will lead to:
A.
a. an increase in demand for good Y.
B.
b. a decrease in demand for good X.
C.
c. an increase in demand for good X.
D.
d. a decrease in price of good X. d. a decrease in price of good X.