If Goods a and B Are Complements, and If the Price

question 33

Multiple Choice

If goods A and B are complements, and if the price of good B rises, how will this affect the market equilibrium for good A?

• A) Price will rise and quantity will fall.
• B) ​Price will fall and quantity will rise.
• C) Price and quantity will both rise.
• D) ​Price and quantity will both fall.

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