If the price of Product A increases and this results in a decrease in the demand for Product B, then Products A and B arenormal.O inferior,O complements.O substitutes.O direct substitutes

In economic aspects, products are things that add some sort good for the existences of individuals…

Answered: ements. utes. substitutes

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ements. utes. substitutes

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter6: Simple Pricing

Section: Chapter Questions

Problem 5MC

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If the price of Product A increases and this results in a decrease in the demand for Product B, then Products A and B are
normal.
O inferior,
O complements.
O substitutes.
O direct substitutes

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