Question : If the cost of good "X" decreases, increasing the demand for product "Y," then both goods are:
Option 1: Subsittude Goods
Option 2: Complementary goods
Option 3: Inter-related goods
Option 4: None of these
Correct Answer: Complementary goods
Solution : If the cost of good "X" decreases, increasing the demand for product "Y," then both goods are complementary goods. When two goods are complements, they experience joint demand - the demand of one good is linked to the demand for another good. Therefore, if a higher quantity is demanded of one good, a higher quantity will also be demanded of the other, and vice versa. Hence the correct answer will be option B..
Question : The demand curve will shift forward when ______.
Question : Products that have alternative uses are known as:
Question : $\left(4 x^3 y-6 x^2 y^2+4 x y^3-y^4\right)$ can be expressed as:
Question : The third proportional of the following numbers $(x-y)^2, (x^2-y^2)^2$ is:
Question : If $x+y+z=17, x y z=171$ and $x y+y z+z x=111$, then the value of $\sqrt[3]{\left(x^3+y^3+z^3+x y z\right)}$ is:
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