When Two Goods Are Related Such That an Increase in the Price

question 111

Multiple Choice

When two goods are related such that an increase in the price of one good decreases the quantity demanded of the other good, these goods are definitely

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

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Definitions:

Marijuana

A psychoactive drug from the Cannabis plant used primarily for medical or recreational purposes.

THC

Tetrahydrocannabinol, the principal psychoactive constituent of cannabis which affects the brain to induce a "high."

Neurons

Cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.

Hallucinogens

A class of psychoactive substances that cause changes in perception, mood, consciousness, and thought patterns, often resulting in visual or auditory hallucinations.