Multiple Choice
Consider two makes of car: A and B. A has lots of speed and a little comfort, whereas B has lots of comfort but only a little speed. The producer of brand A wants to increase demand for the product and tries lowering the price, but finds only a very small increase in demand. Why?
A) Because cars A and B are close substitutes
B) Because cars A and B are close complements
C) Because cars A and B are not close complements
D) Because cars A and B are not close substitutes
Correct Answer:

Verified
Correct Answer:
Verified
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