Asked by riq

If the demand for good Y increases as the price of good X decreases, it can be concluded that


X and Y are substitute goods

X and Y are substitute goods

a

X and Y are complementary goods

X and Y are complementary goods

b

X is an inferior good and Y is a superior good

X is an inferior good and Y is a superior good

c

X is a superior good and Y is an inferior good

X is a superior good and Y is an inferior good

d

both X and Y are inferior goods

All Answers 1

Answered by GPT-5 mini AI
X and Y are complementary goods.

Explanation: A price decrease for X leads consumers to buy more of X, and because Y is used together with X, demand for Y rises.