If Widgets and Gidgets Are Complements and Both Are Normal

question 147

Multiple Choice

If widgets and gidgets are complements and both are normal goods, then a decrease in the demand for widgets will result from

• A)an increase in the price of widgets.
• B)a decrease in income.
• C)a decrease in the price of gidgets.
• D)an increase in the price of widgets and a decrease in income.

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Definitions:

Self-monitor

The act of observing and regulating one's own behavior in various social contexts in order to achieve desired social outcomes.

Self-discipline

The ability to control one's feelings, impulses, and actions to achieve long-term goals.

Self-regulate

The ability of an individual to manage their emotions, thoughts, and behaviors in accordance with their goals.

Self-diagnose

The process of identifying or determining one's own medical condition without professional medical advice.