In a Survey It Was Determined That the Demand Equation

question 181

Multiple Choice

In a survey it was determined that the demand equation for VCRs is given by ​ ​
The demand equation for blank VCR tapes is given by
​ ​
Where p and q denote the unit prices, respectively, and x and y denote the number of VCRs and the number of blank VCR tapes demanded each week. Determine whether these two products are substitute, complementary, or neither.
​

• A) complementary
• B) neither
• C) substitute

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Definitions:

Symbol

A sign, shape, or object that is used to represent an idea, action, entity, or quality.

Greatest Common Factor

The largest number that divides two or more numbers without leaving a remainder, used in simplifying fractions.

Numerator

The top number in a fraction that indicates how many parts of a whole are taken.