Suppose Goods a and B Are Substitutes

question 262

Short Answer

Suppose goods A and B are substitutes. If the price of good A increases, will the demand for good B increase or decrease?

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Definitions:

Jump List

A feature in some operating systems that provides users quick access to recently or frequently used documents and tasks.

Desktop Slideshow

A computer feature that allows users to display a rotating set of wallpapers on their desktop.

Administrator Account

A user account with full permissions to modify, delete, and create new files, settings, and users on a computer or network.

Secure Passwords

Strong passwords that are hard to guess or crack, usually containing a mix of letters, numbers, and symbols, to protect user accounts.