If an increase in the price of product A causes an increase in the demand for product B, we can conclude that
A)they are inferior goods.
B)the price of B will decrease.
C)they are complements.
D)they are substitutes.
E)the quantity supplied for B will decrease.

Question

Quizplus · Accepted Answer

When an increase in the price of product A causes an increase in the demand for product B, it indicates that products A and B are substitutes. This means consumers are turning to product B as an alternative to product A due to the price increase of product A.

If an Increase in the Price of Product a Causes