Figure 6-8

-Refer to Figure 6-8.Identify the two goods which are complements.
A)Good X and Good Y
B)Good Y and Good Z
C)Good X and Good Z
D)It is not possible to distinguish any relationship among the goods.

Question

Figure 6-8
 
-Refer to Figure 6-8.Identify the two goods which are complements.
A)Good X and Good Y 
B)Good Y and Good Z 
C)Good X and Good Z 
D)It is not possible to distinguish any relationship among the goods.

Quizplus · Accepted Answer

Complements are goods that are often used together, and a decrease in the price of one leads to an increase in the demand for the other. The figure likely shows such a relationship between Good Y and Good Z.

Figure 6-8 -Refer to Figure 6-8.Identify the Two Goods Which Are Complements