If Price of Product a Increases by 10%,and the Quantity

question 77

Multiple Choice

If price of product A increases by 10%,and the quantity demanded for product B drops by 50%,then these two products are

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

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Definitions:

Old Brains

A colloquial term possibly referring to the brains of elderly individuals or to ancient and primal brain structures involved in basic life functions.

Language Development

The process by which humans acquire the capacity to perceive, produce, and use words to communicate, dramatically evolving in early childhood.

Monolingual

A term describing an individual or society that uses only one language for communication.

Bilingual

The ability of an individual to use two languages effectively.