If an increase in the price of one good causes buyers to demand less of another good,then the two goods are:
A) normal goods.
B) inferior goods.
C) substitutes.
D) complements.

Question

Quizplus · Accepted Answer

When an increase in the price of one good causes buyers to demand less of another good, these goods are called complements. Complementary goods are goods that are typically used together, such as peanut butter and jelly or gasoline and cars. When the price of one good increases, buyers tend to purchase less of both the goods as they are used together.

If an Increase in the Price of One Good Causes