2. If an increase in the price of blue jeans leads to an increase in the demand...
Question:
2. If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are
a. substitutes.
b. complements.
c. normal goods.
d. inferior goods.
e. none of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Study Guide For N. Gregory Mankiw's Principles Of Microeconomics
ISBN: 9783030019983
5th Edition
Authors: David R. Hakes
Question Posted: