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  9. Q3
Question 3

If as a result of fall in price of the commodity X, the quantity demanded of commodity Y falls, then commodities X and Y are

  • A.complementary
  • B.in joint demand
  • C.luxuries
  • D.in composite demand
  • E.substitutes
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1996
Question no.
#3
Type
Objective
Previous · Q2If price of a commodity rises from N2.00 to N4.00 and its supply increases from… Next · Q4 MUX = PX ( where X and Y = good X and Good Y; MU = Marginal Utility;P= Price)MUY…

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