If the demand for one good decreases when the price of another good increases, the two goods are ________ goods

A) normal B) inferior C) complementary D) substitute

C

Economics

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The Bank of Lithasia plans to increase its revenue by using demand deposits held with the bank for long-term investments. What is this process known as? Is there any risk associated with this process? If yes, how can the risk be reduced?

What will be an ideal response?

Economics

For a firm operating in a perfectly competitive industry, marginal revenue and average revenue are equal

a. True b. False Indicate whether the statement is true or false

Economics