Multiple Choice
If the demand curve for product B shifts to the right as the price of product A declines, it can be concluded that:
A) both A and B are inferior goods.
B) A is a superior good and B is an inferior good.
C) A is an inferior good and B is a superior good.
D) A and B are complementary goods.
Correct Answer:
Verified
Correct Answer:
Verified
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