If the Price of a One Good Increases and the Quantity

question 62

Multiple Choice

If the price of a one good increases and the quantity demanded of a different good decreases,then these two goods are

• A) substitutes.
• B) normal goods.
• C) inferior goods.
• D) inelastic goods.
• E) complements.

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Definitions:

Significant Activity

Refers to actions or pursuits that have a notable impact or importance in a certain context, such as personal development, societal progress, or environmental sustainability.

Differential Association Theory

A sociological theory that attributes the development of criminal behavior to interaction with others who already engage in crime.

Deviance

Behaviors or actions that violate social norms, including formally-enacted rules as well as informal understandings of acceptable conduct.

Crime

Activities that violate the laws of a society and are punishable by authorities.