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andich aenet bs 6. If we have two goods X and Y which are net substitutes, a rise in Pr must necessarily a. reduce spending o
With only two goods, X and Y, İEX and Y are gross substitutes, a rise in Pr must necessarily a. increase spending in X. b. re
andich aenet bs 6. If we have two goods X and Y which are net substitutes, a rise in Pr must necessarily a. reduce spending on X b. increase spending in Y. c. reduce spending in Y. d. uncertain from information given.
With only two goods, X and Y, İEX and Y are gross substitutes, a rise in Pr must necessarily a. increase spending in X. b. reduce spending in X increase spending in Y. reduce spending in Y 3.
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Answer #1

6- Option B

Increase spending on Y

3- Option C

Increase spending in Y

In this case the utility derived from the substitute remains constant.

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