In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon (1) the demand (D) for, or supply (S) of, X; (2) the equilibrium price (P) of X; and (3) the equilibrium quantity (Q) of X. An increase in the price of a product that is a close substitute for X will.

A) decrease S, increase P, and decrease Q.
B) increase S, increase P, and increase Q.
C) decrease S, decrease P, and decrease Q
D) increase D, increase P, and increase Q.

D) increase D, increase P, and increase Q.

Explanation:

A close substituite is a good that can be used in place of another good due to the similarity between the two goods.

If the price of good a substitute increases, it becomes more expensive to consumers and they shift demand to good X, the demand for good X increases, the equilibrium price and quantity would increase.

I hope my answer helps you

the answer choices are:

provides online banking

provides automatic payment services

provides home loans by using saving accounts

accept tax return refunds

hopefully someone can answer the question now lol

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total