If Two Goods Are Complements

question 314

Multiple Choice

If two goods are complements,

• A) they are consumed independently.
• B) an increase in the price of one will increase the demand for the other.
• C) a decrease in the price of one will increase the demand for the other.
• D) they are necessarily inferior goods.

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Definitions:

Special Ops

Short for Special Operations, military actions conducted by specially designated, trained, and equipped units for specific and often confidential missions.

Pluralist Theory

Refers to the belief that power in a democratic society is dispersed among a variety of economic and ideological interest groups preventing any one group from gaining dominance.

Power

The ability or capacity to influence or control the behavior of others, the course of events, or the distribution of resources.

Widely Diffused

Refers to ideas, products, or practices that have spread broadly across different cultures or societies.