If the Price of One Good Increases and the Quantity

question 95

Multiple Choice

If the price of one good increases and the quantity demanded of a different good decreases, then these two goods are

• A) complements.
• B) inelastic goods.
• C) normal goods.
• D) inferior goods.
• E) substitutes.

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Definitions:

Urea

A nitrogenous compound produced in the liver from ammonia and carbon dioxide, excreted by the kidneys.

Excretory System

The body system in animals that functions in osmoregulation and in the discharge of metabolic wastes.

Insects

Arthropods with a chitinous exoskeleton, a three-part body (head, thorax, abdomen), three pairs of jointed legs, compound eyes, and one pair of antennae.

Uric Acid

A waste product found in the blood, created by the breakdown of purines, which are substances found in certain foods and drinks.