Goods X and Y Are Complementary Goods

question 28

Multiple Choice

Goods X and Y are complementary goods. An increase in the price of good X has occurred. In the market for good Y this will lead to

• A)an increase in price and a decrease in quantity.
• B)an increase in price and an increase in quantity.
• C)a decrease in price and a decrease in quantity.
• D)a decrease in price and an increase in quantity.

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Definitions:

Structural Differences

Variations in the physical or anatomical organization between organisms, cells, or molecules.

Evolutionary Species Concept

A definition of species based on evolutionary lineage, where a species is a lineage of populations which maintains its identity from other such lineages and has its own evolutionary tendencies and historical fate.

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring.

Morphologically Different

Having distinct form or structure, especially between groups of organisms or parts of the same organism.