If a 5 Percent Increase in the Price of Good

question 311

Multiple Choice

If a 5 percent increase in the price of good A leads to a 4 percent decrease in the demand for good B, then

• A) the goods are substitutes.
• B) only one good is a normal good.
• C) the goods are complements.
• D) both goods are normal goods.

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Definitions:

Implements

A keyword in Java used to indicate that a class is using an interface, requiring the class to provide implementations for the interface's methods.

Modifier

In programming, a modifier is a keyword that you add to those definitions to change their meanings. Java language has a wide variety of modifiers, including those that define access control levels or provide characteristics such as being abstract or static.

ActionPerformed

A method in Java that is called to respond to an action event, typically triggered by user interaction.