Answered: A decline in the price of good A causes…

A decline in the price of good A causes the demand curve for good B to shift to the right. We can conclude goods A and B are: complements normal goods inferior goods substitutes

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A decline in the price of good A causes the demand curve for good B to shift to the right. We can conclude goods A and B are:

complements

normal goods

inferior goods

substitutes

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