Suppose Good B Is a Complement to Good A

question 81

Multiple Choice

Suppose good B is a complement to good A.What will a decrease in the price of good B do to good A?  

• A) It will increase the quantity demanded of A. 
• B) It will decrease the demand for A. 
• C) It will increase the demand for A. 
• D) It will decrease the quantity demanded of A.

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Definitions:

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or a bond, and has the right to collect the value of the instrument.

Payable

Describes an amount of money that is owed and should be paid, often within a specified period.

Bearer

Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.

Payable

Due for payment; a financial obligation that one party has to pay to another.