Which of the following statements represents a correct and sequentially accurate economic explanation? Goods X and Y are complements. The price of X rises, the quantity demanded of X falls, and the...

Extracted text: Which of the following statements represents a correct and sequentially accurate economic explanation? Goods X and Y are complements. The price of X rises, the quantity demanded of X falls, and the demand for Y falls. O Goods X and Y are substitutes. The price of X rises, the demand for X falls, and the demand for Y rises. O Goods X and Y are substitutes. The price of X falls, the demand for X rises, and the quantity demanded of Y rises. O Goods X and Y are substitutes. The price of X falls, the quantity demanded of X rises, and the demand for Y rises. Goods X and Y are complements. The price of X falls, the quantity demanded of X rises, and the demand for Y falls.