If Two Goods Are Substitutes, Then

question 286

Multiple Choice

If two goods are substitutes, then

• A) an increase in the price of one causes the demand for the other to fall.
• B) there is an inverse relationship between changes in the price of one good and changes in the demand for the other.
• C) if the price of one good falls, the demand for the other good falls also.
• D) changes in the quantity demanded of one good will not affect the demand for the other.

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Definitions:

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that inhibits or reduces nerve cell activity.

Seizures

Sudden, uncontrolled electrical disturbances in the brain that can cause changes in behavior, movements, feelings, and levels of consciousness.

Parkinson's Disease

A progressive neurological disorder marked by tremors, muscular rigidity, and slow, imprecise movement, mainly affecting middle-aged and elderly people.

Undersupply

A situation where the availability of a particular resource is insufficient to meet the demand for it, leading to shortages.