When Two Goods Are Related Such That an Increase in the Price

question 333

Multiple Choice

When two goods are related such that an increase in the price of one good decreases the quantity demanded of the other good,these goods are definitely

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

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Definitions:

Arthur Conan Doyle

A British author best known for creating the fictional detective Sherlock Holmes, contributing significantly to crime fiction.

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The use of the same pattern of words or similar grammatical constructions in a sentence or series of sentences to ensure clarity and balance.

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The practice of varying the length, structure, and type of sentences within a piece of writing to enhance readability and interest.