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.

---

Definitions:

Fixed Amount Requirement

A stipulation that requires a specific, predetermined amount of money to be paid or received in a transaction or contract.

Negotiable Instruments

Written documents guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer's name written on it.

Promissory Note

A financial instrument in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.

Payable on Demand

A term indicating that a financial obligation must be paid by the debtor as soon as the creditor requests payment.