If a Decrease in the Price of Good Y Causes

question 35

Multiple Choice

If a decrease in the price of good Y causes the demand for good Z to decrease, this indicates that:

• A) Y and Z are complements.
• B) Y and Z are substitutes.
• C) Y and Z are unrelated.
• D) Y is a normal good and Z is an inferior good.

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Definitions:

Leadership Effectiveness

The measure of a leader's success in influencing and guiding individuals or groups towards achieving their objectives.

Questionnaires

A research instrument consisting of a series of questions designed to gather information from respondents.

Trait Approach

A theory of leadership that suggests leaders possess certain inherent traits that predispose them to be leaders.

Attributes

Characteristics or qualities that are inherent or associated with someone or something.