If Goods a and B Are Complements, and If the Price

question 33

Multiple Choice

If goods A and B are complements, and if the price of good B rises, how will this affect the market equilibrium for good A?

• A) Price will rise and quantity will fall.
• B) ​Price will fall and quantity will rise.
• C) Price and quantity will both rise.
• D) ​Price and quantity will both fall.

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Definitions:

Air Pollutants

Substances in the air that can cause harm to humans and the environment.

Chronic Exposure

refers to the prolonged exposure to a potentially harmful substance or environmental condition over an extended period, often leading to long-term health effects.

Tree Leaves

Broad, flat structures on trees that are primarily responsible for photosynthesis, the process of converting light energy into chemical energy.

Acid Rain

Precipitation containing high levels of sulfuric and nitric acids resulting from the emission of sulfur dioxide and nitrogen oxide into the atmosphere, harming ecosystems and structures.