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Economics (AS & A Level) · May / June 2021 · Paper 12 · Question 10

9708The interaction of demand and supply

Goods X and Y are complements. What will be the effect on the equilibrium price and quantity of good X of an increase in the supply of good Y?

  1. Adecrease / decrease
  2. Bdecrease / increase
  3. Cincrease / decrease
  4. Dincrease / increase

As printed in the paper

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Correct answer: D. increase / increase

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