If the price of chocolate-covered peanuts increases and the demand for strawberry-flavored soft drinks decreases,this indicates that these two goods are _____ goods.
A)unrelated
B)complementary
C)inferior
D)substitute

Question

Quizplus · Accepted Answer

When the price of one good increases and the demand for another good decreases, it indicates that the two goods are complementary, meaning they are often used together. In this case, if chocolate-covered peanuts become more expensive and as a result, fewer people want strawberry-flavored soft drinks, it suggests that these items are consumed together by consumers.

If the Price of Chocolate-Covered Peanuts Increases and the Demand