If Two Goods Are Substitutes, a Decrease in the Price

question 104

True/False

If two goods are substitutes, a decrease in the price of one will result in an increase in demand for the other.

---

Definitions:

Retrograde Amnesia

A loss of memory-access to events that occurred or information that was learned before an injury or the onset of a disease.

Anterograde Amnesia

A condition characterized by the inability to form new memories following the onset of the condition.

Graduated Amnesia

A hypothetical or not commonly used term that may refer to the progressive loss of memory.

Suggestibility

The quality of being inclined to accept and act on the suggestions of others, often studied in the context of memory and eye-witness testimony.