Two Goods,X and Y,are Called Complements If

question 7

Multiple Choice

Two goods,X and Y,are called complements if

• A)an increase in PX causes more Y to be bought.
• B)an increase in PX causes less Y to be bought.
• C)an increase in PY causes less Y to be bought.
• D)an increase in income causes more of both X and Y to be bought.

---

Definitions:

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, values, or ideas at the same time.

Stimulus Generalization

A psychological phenomenon where a response to a specific stimulus also occurs in response to similar stimuli, often used in marketing to create brand families or product lines.

Calcium Supplement

a dietary product intended to provide calcium, essential for bone health and other bodily functions, to those who may not get enough from their diet.

Learned Predisposition

An acquired tendency to respond in a consistent way to a given object or entity, shaped by experiences, attitudes, and culture.