If a 10 percent increase in the price of one good results in no change in the quantity demanded of another good, then it can be concluded that the two goods are
A)complementary goods.
B)substitute goods.
C)independent goods.
D)normal goods.

Question

Quizplus · Accepted Answer

The two goods are independent goods because the change in the price of one good does not affect the demand for the other good, indicating no direct relationship between them.

If a 10 Percent Increase in the Price of One