Use the information below to answer questio..

Question 1 Report

Use the information below to answer questions.

When commodity X sold for N25 per unit, 50 units of commodity Y were purchased. With an increase in the price of commodity X to N50 per unit, the demand for commodity Y fell to 20 units.The two commodities can be classified as?

Substitutes

durable and non-durable

intermediate and final

complements

The Theory Of Demand

Demand

View Answer

Use the information below to answer questions. When commodity X sold for N25 per unit, 50 units of commodity Y were purchased. With an increase in the price...