Two goods,X and Y,are called complements if
A)an increase in PX causes more Y to be bought.
B)an increase in PX causes less Y to be bought.
C)an increase in PY causes less Y to be bought.
D)an increase in income causes more of both X and Y to be bought.

Question

Quizplus · Accepted Answer

When two goods, X and Y, are complements, an increase in the price of one (PX) leads to a decrease in the demand for the other (Y), because they are typically used together.

Two Goods,X and Y,are Called Complements If