In the short-run commodity X and commodity Y ar... - WAEC Economics 2009 Question
In the short-run commodity X and commodity Y are supplied jointly, which of the following is correct?
A
An increase in demand for X will increase supply of Y
B
An increase in demand for X will leave the supply of Y unchanged
C
An increase in demand for Y will raise the price of X
D
An increase in demand for X will cause less of Y to be produced
correct option: a
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