Office Workers and Word Processing Programs Are Complements If

question 73

Multiple Choice

Office workers and word processing programs are complements if:

• A)an increase in the price of word processing programs leads to an increase in the demand for office workers.
• B)a decrease in the wage paid to office workers leads to an increase in the demand for word processing programs.
• C)they perform similar functions.
• D)a decrease in the wage paid to office workers leads to a leftward shift in the demand for word processing programs.

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Definitions:

Consumer Goods

Consumer goods are products purchased and used by consumers for personal or household purposes, including items such as food, clothing, and electronics.

Safeco Corporation

A major American insurance company that provides a variety of personal insurance products including auto, home, and liability insurance.

Retailers

Businesses or individuals that sell goods or services directly to consumers, typically from a physical location, online, or both.

Purchase Money

Funds used specifically for buying an asset, often in the context of money borrowed to purchase real estate.