TABLE 4-2 -Refer to Table 4-2. Suppose the Demand Schedule for Good

question 10

Multiple Choice

TABLE 4-2

-Refer to Table 4-2. Suppose the demand schedule for Good A changes from D₁ to D₂ because the price of a related good, Good B, increases. Based on this, what can we conclude?

• A) Good B is not related to Good A.
• B) Good B is likely a substitute for Good A.
• C) Good B is likely inferior to Good A.
• D) Good B is likely a complement to Good A.

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