If Good B Is a Complement to Good A, Then

question 50

Multiple Choice

If good B is a complement to good A, then a rise in the price of B

• A)increases the quantity demanded of A
• B)decreases the demand for A
• C)increases the demand for A
• D)decreases the quantity demanded of A
• E)will cause the demand for B to increase

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Definitions:

Executory Contract

A contract that has not yet been fully performed.

Executory

Executory refers to a contract or agreement in which some future act or obligation remains to be performed under its terms.

Executed

denotes something that has been completed, carried out, or fully accomplished according to plan or command.

Void

Having no legal force or effect; null and incapable of being ratified or confirmed.