If price of product A increases by 10%,and the quantity demanded for product B drops by 50%,then these two products are
A)substitutes.
B)complements.
C)normal goods.
D)inferior goods.

Question

Quizplus · Accepted Answer

When the price of product A increases and the demand for product B decreases, it indicates that the two products are complements. This means that they are often used together, so an increase in the price of one leads to a decrease in the demand for the other.

If Price of Product a Increases by 10%,and the Quantity