If the demand for a good is positively related to the price of another good, the two goods are
A) complementary goods
B) substitute goods
C) inferior goods
D) normal goods

Question

Quizplus · Accepted Answer

When the demand for a good increases as the price of another good increases, the two goods are considered substitutes. This means consumers see one good as a replacement for the other when it becomes more expensive.

If the Demand for a Good Is Positively Related to the Price