Good A and B are substitutes. Good A and B are complements. Good A and B are substitutes because the percentage change in the price of good A is greater than the percentage change in quantity demanded of Good B. Good A and B are complements because the percentage change in the price of good A is greater than the percentage change in quantity demanded of Good B. Good A and B are substititutes because when the price of A goes up, the quantity demanded of B goes down even though the price of Good B hasn't changed. Good A and B are complements because when the price of A goes up, the quantity demanded of B goes down even though the price of Good B hasn't changed. Good A and B are complements because when the price of A goes up, the quantity demanded of B goes up even though the price of Good B hasn't changed. O Good A and B are substitutes because when the price of A goes up, the quantity demanded of B goes up even though the price of Good B hasn't changed. None of the answers are correct.

Good A and B are substitutes. Good A and B are complements. Good A and B are substitutes because the percentage change in the price of good A is greater than the percentage change in quantity demanded of Good B. Good A and B are complements because the percentage change in the price of good A is greater than the percentage change in quantity demanded of Good B. Good A and B are substititutes because when the price of A goes up, the quantity demanded of B goes down even though the price of Good B hasn't changed. Good A and B are complements because when the price of A goes up, the quantity demanded of B goes down even though the price of Good B hasn't changed. Good A and B are complements because when the price of A goes up, the quantity demanded of B goes up even though the price of Good B hasn't changed. O Good A and B are substitutes because when the price of A goes up, the quantity demanded of B goes up even though the price of Good B hasn't changed. None of the answers are correct.

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Theory Of Consumer Choice

Section: Chapter Questions

Problem 13PA

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