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Thursday, 09 April 2026
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If in the short-run commodity X and commodity Y are supplied jointly, which of the ...

If in the short-run commodity X and commodity Y are supplied jointly, which of the following is correct?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A An increase in demand for X will increase the supply of Y
  • B An increase in demand for X will shift the supply of Y
  • 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
  • E A probable tax on Y will cause more of X to be supplied
Correct Answer: Option A
Explanation:

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