Economics (AS & A Level) · May / June 2022 · Paper 14 · Question 5
9708The interaction of demand and supply
Goods X and Y are complements and have upward-sloping supply curves. What will be the effect on the equilibrium price and quantity of good X of an increase in the supply of good Y?
- Adecrease / decrease
- Bincrease / decrease
- Cdecrease / increase
- Dincrease / increase
As printed in the paper
Show the answer
Correct answer: D. increase / increase
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