Question

40) If X and Y are complementary goods, a rise in the price of Y will cause the demand curve of X to: I) Shift to the left II) Shift to the eight III) Extend IV) Contract​

Answer 1

Answer:

X and Y are complementary goods. A fall in the price of Y will result in a rise in the price of X.

False, if X and Y are complementary goods, then a fall in the price of good Y will lead to a rise in the demand of good X.