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Suppose product Z is an input in the production of product X. Product X in turn is a substitute for product Y. A decrease in

Suppose product Z is an input in the production of product X. Product X in turn is a substitute for product Y. A decrease in the price of Z can be expected to

Multiple Choice

decrease the demand for Y.

increase the demand for Y.

have no effect on the demand of product Y.

decrease the supply of Y.

increase the supply of Y.

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