An increase in the price of good B caused an increase in the demand for good C. This indicates that goods B and C are
A) complements.
B) substitutes.
C) neither substitutes nor complements.
D) normal goods.
B
Economics
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It is generally easier for a firm to get _______________ than _______________; therefore, many more of the former are in place than the latter.
a. import quotas; tariffs b. safeguard tariffs; antidumping duties c. subsidies; tariffs d. antidumping and countervailing duties; safeguard tariffs
Economics
If the interest rate is 5%, what is the present value of $10,000 received three years from now?
A. $8,638 B. $9,000 C. $11,600 D. $11,000
Economics