If the price of Good A increases and the demand for Good B increases as well, goods A and B are most likely complements.

Question

Quizplus · Accepted Answer

This scenario describes goods that are substitutes, not complements. As the price of Good A increases, consumers may choose to buy Good B instead, causing the demand for Good B to increase. This indicates that the two goods are substitutes, as the increase in price of one good leads to an increase in demand for the other good.

If the Price of Good a Increases and the Demand