An increase in the price of commodity X led to a fall in the supply of commodity Y. Commodities X and Y are

A.

Competitive goods

B.

Composite goods

C.

Jointly supplied

D.

Derived goods

Correct answer is A

Competitive goods means goods and/or services that meet the same buyer or customer needs as one or more goods and /or services offered by a member or any of its affiliates. An increase in the price of commodity X led to a fall in the supply of commodity Y. Commodities X and Y are competitive supply.