Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

The diagrams illustrate how a change in the market for good X affects the market for good Y, with the shifts indicated. What conclusion can be drawn about the goods?

  • AX and Y are complements.
  • BX and Y are in joint supply.
  • CX and Y are substitutes.
  • DY is a derived demand from X.

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