If demand for X shifts right as the price of good Y falls th

If demand for X shifts right as the price of good Y falls, then X and Y are complements. (3true or false9)

Solution

A rightward shift in demand means an increase in demand. So, as per question, as price of Y falls, demand for X increases. It signifies that X and Y are complements - they\'re consumed together, so as price of Y falls, demand for Y rises as well as demand for X rises.

Statement is true.