The price of Tide falls and the demand for Purex decreases. We can conclude that:
A)Tide and Purex are complements.
B)Tide and Purex are substitutes in production.
C)Tide and Purex are substitutes.
D)Tide is a normal good.

Question

Quizplus · Accepted Answer

When the price of Tide falls, consumers are more likely to substitute Purex for Tide, resulting in a decrease in demand for Purex. This is an indication that Tide and Purex are substitutes.

The Price of Tide Falls and the Demand for Purex