If the Price of Good a Decreases by 10 Percent

question 181

Multiple Choice

If the price of good A decreases by 10 percent and the quantity demanded of good B decreases by 10 percent, this is evidence that goods A and B are

• A)substitutes for one another.
• B)complement goods to one another.
• C)both inferior goods.
• D)both normal goods.
• E)not related.

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Definitions:

Intelligence Scores

Numerical estimations of an individual's intelligence level, often derived from standardized tests.

Biased Tests

Assessments that have systemic errors favoring certain groups over others based on factors unrelated to the skills or knowledge being measured.

Gender Gap

The disparities between males and females in various aspects of society, including economic participation, wages, and education.

Math Grades

Numerical or letter assessments representing a student’s proficiency and understanding in mathematics over a given period.