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Version:0.9 StartHTML:0000000105 EndHTML:0000002028 StartFragment:0000000141 EndFragment:0000001988 Q2. When two goods, X and Y, are complements , which of the following occurs? a. An increase in the

Version:0.9 StartHTML:0000000105 EndHTML:0000002028 StartFragment:0000000141 EndFragment:0000001988

Q2. When two goods, X and Y, are complements, which of the following

occurs?

a. An increase in the price of good X leads to an increase in the price of

good Y.

b. An increase in the price of good X leads to decrease in the quantity

demanded of good Y.

c. An increase in the price of good X leads to a decrease in demand for

good Y.

d. An increase in the price of good X leads to an increase in demand for

good Y.

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