What Happens to the Demand for a Good If a Complement's

question 179

Multiple Choice

What happens to the demand for a good if a complement's price increases?

• A) The demand decreases and the demand curve shifts rightward.
• B) The demand increases and the demand curve shifts rightward.
• C) The demand decreases and the demand curve shifts leftward.
• D) The demand increases and the demand curve shifts leftward.
• E) There is no impact on demand for the good and the demand curve does not shift.

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Definitions:

Methanol

A light, volatile, colorless liquid alcohol, CH₃OH, used as a solvent, antifreeze, fuel, and as a starting material for chemical synthesis.

Single Bonds

Chemical bonds involving the sharing of one pair of valence electrons between two atoms, typically indicative of a stable chemical linkage.

Formaldehyde

A colorless, strong-smelling gas used in making building materials and many household products, known chemically as CH2O.

Lewis Structure

A diagram that represents the distribution of valence electrons around atoms in a molecule, indicating bonds and lone pairs.