Question: 23. X and Y are complementary products. If the price of product Y increases, the immediate impact on product X is that its a. Price

23. X and Y are complementary products. If the price of product Y increases, the immediate impact on product X is that its

a. Price will decrease.

b. Quantity demanded will decrease.

c. Quantity supplied will decrease.

d. Price, quantity demanded, and supplies will remain unchanged.

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