Economics (AS & A Level) · Oct / Nov 2021 · Paper 12 · Question 11

The table shows the quantity demanded of three goods when the price of good X changes. [table: price of X ($) 5,4,3,2,1; quantity of X demanded 100,110,140,200,300; quantity of Y demanded 60,50,30,15,4; quantity of Z demanded 20,22,28,40,60] Which relationships between X, Y and Z can be deduced from the table?

1. AY is a complement for X; Z is a complement for X
2. BY is a complement for X; Z is a substitute for X
3. CY is a substitute for X; Z is a complement for X
4. DY is a substitute for X; Z is a substitute for X

As printed in the paper