If an Increase in the Price of One Good Leads

question 2

Multiple Choice

If an increase in the price of one good leads to a decrease in demand for another, the two goods are

• A)complements
• B)substitutes
• C)inferior goods
• D)marginal goods

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Definitions:

Behavioural

Pertaining to the actions or reactions of a person or animal in response to external or internal stimuli.

Humanistic

Pertaining to an approach in psychology that emphasizes individual choice and potential, focusing on the human capacity for growth and self-actualization.

Personality Traits

Enduring characteristics or behaviors that define an individual's patterns of thought, feeling, and behavior.

Monogenetically

Referring to a genetic condition or trait that is determined by a single gene.