Introduction to Economics 1 Deneme Sınavı Sorusu #1152032

When the price of one good rises, as a result if the demand for the other good increases, these two goods are called as?


Complementary goods,

Inferior goods,

Luxury goods,

Necessities

Substitute goods


Yanıt Açıklaması:

The Substitute Goods

Substitute goods serve as replacements for one another. When the price of one rises, the demand for the other increases.

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