If two goods are substitute goods

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Reference no: EM131172855

If two goods are substitute goods, Select one:

a. The percentage change in quantity demanded for good X will fall if there is a reduction in price of good Y.

b. If the price of good X increases, the demand for good Y falls.

c. The percentage change in quantity demanded for good X will rise if there is a reduction in the price of good Y.

d. The percentage change in quantity demanded for good X will stay the same if there is an increase in the price of good Y. Check

Reference no: EM131172855

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