A reduction in the price of Y from OMR 12 to OMR 8 causes a growth in the quantity of C demanded from 900 to 1,100 units. Y and C are a. complements. b. substitutes. c. normal goods. d. inferior goods Clear my choice

A reduction in the price of Y from OMR 12 to OMR 8 causes a growth in the quantity of C demanded from 900 to 1,100 units. Y and C are a. complements. b. substitutes. c. normal goods. d. inferior goods Clear my choice

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter4: Demand, Supply, And Markets

Section: Chapter Questions

Problem 2QFR

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Question

A reduction in the price of Y from OMR 12 to OMR 8 causes a growth in the quantity of C demanded from 900 to 1,100 units. Y and C are

complements.

substitutes.

normal goods.

inferior goods

Clear my choice

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