If an increase in the price of one good causes buyers to demand more of another good,then the two goods are
A) Normal goods
B) Inferior goods
C) Substitutes
D) Complements

Question

Quizplus · Accepted Answer

Two goods are substitutes when an increase in the price of one of the goods leads to an increase in the demand for the other. For example, if the price of Coca-Cola increases, consumers may choose to buy Pepsi instead, causing an increase in the demand for Pepsi.

If an Increase in the Price of One Good Causes