If the Price of One Good Increases, and as a Result

question 154

Multiple Choice

If the price of one good increases, and as a result the demand for another good increases, the goods are

• A) substitutes.
• B) normal goods.
• C) complements.
• D) inferior goods.

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Definitions:

Cereal Grass

Grasses cultivated for their edible grains, such as wheat, rice, and corn.

Orange-Colored

Having the color that is a combination of red and yellow.

Negative Terms

Words or phrases that express denial, disagreement, or opposition, often used to describe the absence or opposite of something positive.

Tungsten Filament

A thin wire made of tungsten used as the light-emitting component inside incandescent light bulbs.