21. If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then bluc jeans and tennis shoes are: a. Complements xb. Inferior goods * c. Normal goods Substitutes +)

21. If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then bluc jeans and tennis shoes are: a. Complements xb. Inferior goods * c. Normal goods Substitutes +)

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 15CTQ: Income Effects depend on the income elasticity of demand for each good limit you buy. If one of the...

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Comparative Advantage and Absolute Advantage Analysis

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Question

Q#21

21. If an increase in the price of blue jeans leads to an increase in the demand for tennis
shoes, then bluc jeans and tennis shoes are:
a. Complements
xb. Inferior goods
* c. Normal goods
Substitutes
+)

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