Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month).

-In what way are products A and B related if an increase in the price of product A leads to a decrease in the demand for product B?
A)Consumer income has increased,and product A is an inferior product.
B)Consumer income has decreased,and product A is a normal product.
C)The two products must be complements.
D)The two products must be substitutes.
E)The two products must be inferior products.

Question

Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month).
 
-In what way are products A and B related if an increase in the price of product A leads to a decrease in the demand for product B?
A)Consumer income has increased,and product A is an inferior product. 
B)Consumer income has decreased,and product A is a normal product. 
C)The two products must be complements. 
D)The two products must be substitutes. 
E)The two products must be inferior products.

Quizplus · Accepted Answer

The two products are complements because an increase in the price of product A leads to a decrease in demand for product B, indicating that the two are used together.

Table 211 Depicts the Market for Mushrooms (In Thousands of Kilograms