Multiple Choice
Demand for one item goes down when the price of another item goes up. These items must be
A) substitutes.
B) complements.
C) normal goods.
D) inferior goods.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q56: In college you could barely afford to
Q57: Refer to the information provided in Figure
Q58: Refer to the information provided in Figure
Q59: A change in the price of a
Q60: A movement along the demand curve to
Q62: If demand is represented as Q<sub>d</sub> =
Q63: Related to the Economics in Practice on
Q64: Related to the Economics in Practice on
Q65: Organizations that transform resources into products are
Q66: If demand is represented as Q<sub>d</sub> =