Product T and Product Y are substitutes. If the price Y decreased a. Price of T increases b. Demand of T increases c. Demand of Y decreases d. Price of T decreases When the maker lemon D increased its price from P150.00 to P170.00 per bottle, the result is a. A decrease quantity demanded for lemon D b. A decrease in quantity supplied for lemon D c. An increase in quantity demanded for lemon D d. A constant quantity demanded for lemon D
Product T and Product Y are substitutes. If the price Y decreased a. Price of T increases b. Demand of T increases c. Demand of Y decreases d. Price of T decreases When the maker lemon D increased its price from P150.00 to P170.00 per bottle, the result is a. A decrease quantity demanded for lemon D b. A decrease in quantity supplied for lemon D c. An increase in quantity demanded for lemon D d. A constant quantity demanded for lemon D
Chapter3: Market Demand And Supply
Section: Chapter Questions
Problem 18SQ
Related questions
Question
Product T and Product Y are substitutes. If the
a. Price of T increases
b.
c. Demand of Y decreases
d. Price of T decreases
When the maker lemon D increased its price from P150.00 to P170.00 per bottle, the result is
a. A decrease quantity demanded for lemon D
b. A decrease in quantity supplied for lemon D
c. An increase in quantity demanded for lemon D
d. A constant quantity demanded for lemon D
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