Car Insurance and Cars Are Complements

question 61

Multiple Choice

Car insurance and cars are complements. If the price of car insurance increases, the

• A)quantity of cars demanded increases.
• B)demand for cars decreases.
• C)quantity of cars demanded decreases.
• D)demand for cars increases.
• E)More information is needed to determine if the demand increases or decreases.

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Definitions:

Sectors

Distinct segments of a country's economy or of an organization, characterized by a specific type of activity.

Tracks

Physical or digital paths recorded media follows or the specific courses of development or research.

Seek Time

The time it takes for a hard drive’s read/write head to locate the correct track on a disk.

Platters

The circular disks inside a hard drive where data is magnetically recorded and stored.