If a 10 Percent Increase in the Price of Good

question 365

Multiple Choice

If a 10 percent increase in the price of Good A results in an increase of 5 percent in the quantity demanded of Good B, then it can be concluded that Goods A and B are

• A)complementary goods.
• B)substitutes goods.
• C)independent goods.
• D)normal goods.

---

Definitions:

Amblyopia

A vision development disorder where an eye fails to achieve normal visual acuity, often referred to as "lazy eye."

Diplopia

A medical condition also known as double vision, where a single object is perceived as two overlapping images.

Glucose

A simple sugar that is an important energy source in living organisms and a component of many carbohydrates.

Vitamin C

Vitamin C is an essential nutrient and antioxidant that the body needs for the growth and repair of tissues, immune system function, and the absorption of iron from food sources.