18. If demand for this product changed from D2 to D1 as a result of a increase in price of a related product, then these two products are a) complements. Ob) substitutes. Oc) inferior goods. Od) public goods. Oe) economic goods.

18. If demand for this product changed from D2 to D1 as a result of a increase in price of a related product, then these two products are a) complements. Ob) substitutes. Oc) inferior goods. Od) public goods. Oe) economic goods.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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