32- Suppose that X and Y are substitute goods. If the price of good X increases,

Question

32- Suppose that X and Y are substitute goods. If the price of good X increases, we can expect: Question 32 options: a- the demand for good X to shift to the left. b- an upward movement along the demand curve for good Y. c- the demand curve for good Y to shift to the right. d- a downward movement along the demand curve for good Y. e- the demand curve for good Y to shift to the left. 32- Suppose that X and Y are substitute goods. If the price of good X increases, we can expect: 32- Suppose that X and Y are substitute goods. If the price of good X increases, we can expect: a- the demand for good X to shift to the left. b- an upward movement along the demand curve for good Y. c- the demand curve for good Y to shift to the right. d- a downward movement along the demand curve for good Y. e- the demand curve for good Y to shift to the left. the demand for good X to shift to the left. an upward movement along the demand curve for good Y. the demand curve for good Y to shift to the right. a downward movement along the demand curve for good Y. the demand curve for good Y to shift to the left. a- the demand for good X to shift to the left. b- an upward movement along the demand curve for good Y. c- the demand curve for good Y to shift to the right. d- a downward movement along the demand curve for good Y. e- the demand curve for good Y to shift to the left.

Explanation / Answer

an upward movement along the demand curve for good Y. b- an upward movement along the demand curve for good Y.

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