Suppose product Y is an input in the production of product Z. Product Z in turn is a substitute for product X. A decrease in the price of Y can be expected to Multiple Choice decreuse the demend for X. Increase the demand for X. have no effect on the domand of product x. decrease the supply of X. increase the supply of X

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A: The demand curve shows the change in demand for a good or service due to a change in its price.

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A: Inferior goods are those goods whose demand falls with rise in income and vice versa.

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A: The market for a product clears when the economy reaches equilibrium.

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A: * SOLUTION :-  * The OPTION C (30,100) is correct answer. * Explanation :-  Given that Demand…

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Q: why is the answer A and not B?

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A:

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A:

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A: Hi Student, Thanks for posting the question. As per the guideline, we are providing answer for the…

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A: Ans in step 2

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Q: None

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