If the price of gasoline rises by 10 percent and new car sales fall by 5 percent,this indicates that these two goods are complementary.

Name: If the price of gasoline rises by 10 percent and new car sales fall by 5 percent,this indicates that these two goods are complementary.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

When the price of one good (gasoline) increases and the demand for another good (new cars) decreases, it indicates that these goods are complementary, as the use of one enhances the use of the other.

If the Price of Gasoline Rises by 10 Percent and New