Table 3-D
Use the Following Information About Demand and Supply

question 112

Multiple Choice

Table 3-D
Use the following information about demand and supply schedules to answer the question.
$$\begin{array} { l c c c } \text { Price } & \mathbf { D } _ { 1 } & \mathbf { D } _ { \mathbf { 2 } } & \boldsymbol { I } _ { \mathbf { 1 } } \\\$ 12 & 5 & 9 & 19 \\\$ 10 & 8 & 12 & 17 \\\$ 8 & 11 & 15 & 15 \\\$ 6 & 13 & 18 & 13 \\\$ 4 & 16 & 21 & 11 \\\$ 2 & 18 & 24 & 9\end{array}$$
-Refer to Table 3-D.Suppose the demand schedule for Good A changes from D₁ to D₂ because the price of a related good, Good B, increases.We can say:

• A)that Good B is likely a complement to Good A.
• B)that Good B is likely a substitute for Good A.
• C)that Good B is likely inferior to Good A.
• D)that Good B is not related to Good A.

---

Definitions:

Vocational School

An educational institution designed to provide vocational education, or technical skills required to perform the tasks of a particular and specific job.

Clerk

An employee who performs clerical work such as keeping records, filing, and other administrative tasks.

Prestigious Name

A name that carries high status or respect, often associated with excellence in a particular field.

Normal Model

A statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.