If a Fall in the Price of Good a Increases

question 96

Multiple Choice

If a fall in the price of good A increases the quantity demanded of good B

• A) A and B are substitutes.
• B) A and B are complements.
• C) A is a substitute for B, but B is a complement to A.
• D) B is a substitute for A, but A is a complement to B.

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Definitions:

Fraudulent Misrepresentation

The intentional act of making a false statement about an important fact to induce another person into entering a contract or transaction.

Intentional Harm

Deliberate actions taken by an individual or entity that are meant to cause injury or damage to another.

Conversion

In law, the unauthorized act of possessing or controlling personal property belonging to another, effectively converting it to one's own use.

Nuisance

An act, condition, or thing that interferes with the use or enjoyment of property or may be harmful or annoying to others.