Goods X and Y Are Perfect Complements

question 133

Multiple Choice

Goods X and Y are perfect complements.If the price of good Y falls,what will the substitution effect acting by itself do

• A)It will cause consumers to buy more of good Y and less of good X.
• B)It will cause consumers to buy more of good X and less of good Y.
• C)It will not affect the amount of goods X and Y that consumers buy.
• D)It will affect the amount of goods X and Y that consumers buy, but in an unpredictable way.

---

Definitions:

Learning

The process of acquiring knowledge or skills through study, experience, or being taught.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Classical Conditioning

A learning process where an originally neutral stimulus becomes associated with a particular response through conditioning.

Conditioned Stimulus

In classical conditioning, this is a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.