Primeira página
/
Negócios
/
Products X and Y are complements. If the price of product X increases, what happens for product Y 1 and decreases. shifting right 2 demand decreases. shifting left 3 demand increases, shifting left demand increase shifting right

Pergunta

Products X and Y are complements. If the price of product X increases, what happens for product Y
1
and decreases.
shifting right
2
demand decreases.
shifting left
3
demand increases,
shifting left
demand increase
shifting right

Products X and Y are complements. If the price of product X increases, what happens for product Y 1 and decreases. shifting right 2 demand decreases. shifting left 3 demand increases, shifting left demand increase shifting right

Solução

expert verifiedVerification of experts
4.5250 Voting
avatar
EstherMestre · Tutor por 5 anos

Responder

When the price of product X increases, the demand for its complement, product Y, will decrease. This is because the two products are complements, meaning that they are typically used together. If the price of product X increases, consumers may be less likely to purchase it, which in turn will lead to a decrease in the demand for product Y as well. This is represented by a shift to the left in the demand curve for product Y.
Clique para avaliar: