A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2021 · Q101 Mark

Goods X and Y are complements. What will be the effect on the equilibrium price and quantity of good X of an increase in the supply of good Y?

Adecrease ; decrease

Bdecrease ; increase

Cincrease ; decrease

Dincrease ; increase

✓ Correct answer

D: increase ; increase

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2021 Paper 1 Variant 2, question 10.

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