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Vipin Sing

· started a discussion

· 1 Months ago

Price increase of X will induce decrease in quantity purchased of Y .... If X and Y are complement

Question:

Ceteris paribus, a change in the price of a commodity causes the quantity purchased of its complements to move:

Options:
A)

In the same direction

B)

In the opposite direction

C)

In an insignificant manner 

D)

Cannot be known

Solution:

Ans: (a)

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