1. Suppose good A and B are complements in consumption. Suppose the price of good A increases. Then... the demand for B will increase the demand for A will decrease the demand for A will increase the demand for B will decrease 2. A good for which a decrease in income causes an increase in demand is: a normal good a substitute a complement an inferior good
Added by Nabila M.
Step 1
If goods A and B are complements, it means they are usually consumed together. So, if the price of good A increases, consumers may buy less of it. Consequently, they will also buy less of good B because they consume them together. So, the demand for B will Show more…
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