4. As the price of good A rises, the demand for good B nises. Therefore, goods A and B are a. nomal goods. b. inferior goods. C. substitutes. d. complements. c. none of the above
4. As the price of good A rises, the demand for good B nises. Therefore, goods A and B are a. nomal goods. b. inferior goods. C. substitutes. d. complements. c. none of the above
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 7PA
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Transcribed Image Text:4. As the price of good A rises, the demand for good B nses. Therefore, goods A andB are
a. nomal goods.
b. inferior goods.
C substitutes.
d. complements
c. none of the above
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