If an Increase in the Price of Good X Leads

question 139

Multiple Choice

If an increase in the price of good X leads to a decrease in the demand for good Y, then:

• A)good X and good Y are complements.
• B)good X and good Y are normal goods.
• C)good X and good Y are substitutes.
• D)good X is a normal good and good Y is an inferior good.

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Definitions:

Sliding Trailer Bogie

A component of a trailer that allows the bogie (wheel assembly) to slide along the trailer's length for weight distribution and compliance with axle weight regulations.

Locking Pins

Components used to secure two or more parts together, preventing movement or separation.

Mechanical

Pertaining to machinery or the working parts of a machine, often involving physical movements and forces.

AWG Wiring

Wiring that is sized according to the American Wire Gauge standard, which determines the thickness of the wire based on a numerical scale.