If the price of gasoline rises sharply and the demand for sports utility vehicles falls, then the two goods are
A)complements.
B)normal goods.
C)substitutes.
D)inferior goods.

Question

Quizplus · Accepted Answer

When the price of gasoline rises and the demand for sports utility vehicles falls, it indicates that these two goods are complements, as the use of one (SUVs) is closely related to the use of the other (gasoline).

If the Price of Gasoline Rises Sharply and the Demand