If Goods X and Y Are Complements, the

question 82

Multiple Choice

If goods X and Y are complements, the

• A)quantities demanded of X and Y tend to move in opposite directions.
• B)quantities demanded of X and Y tend to move in the same direction.
• C)prices of X and Y tend to move in the same direction.
• D)supply curves for X and Y tend to move in the same direction.

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Definitions:

Mississippi River

A major North American river that flows southward from northern Minnesota to the Gulf of Mexico, serving as a critical waterway for transportation and commerce.

FOB Factory

FOB Factory, or Free on Board Factory, is a pricing term that indicates the buyer takes responsibility for goods once they leave the seller's premises.

Neiman Marcus

is a luxury department store chain in the United States known for its high-end clothing, accessories, and home furnishings.

Milan

A city in Italy, known for its significant influence in fashion, design, and finance sectors.