Whether or Not a Good Can Be Classified as a Complement

question 117

Multiple Choice

Whether or not a good can be classified as a complement depends on whether;

• A)you personally tend to consume the goods together.
• B)no substitutes exist.
• C)an increase in demand for one good follows a decrease in the price of the other.
• D)an increase in demand for one good follows an increase in the price of the other.

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Definitions:

Digital Multimeter (DMM)

An electronic measuring instrument that combines multiple measurement functions in one unit.

Transistors

Semiconductor devices used to amplify or switch electronic signals and electrical power.

Photodiode

A semiconductor device that converts light into electrical current, commonly used in optical communication systems and light sensing.

Electrical Response

The reaction or output of an electrical system or component when a voltage or current is applied.