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Product A and Product B are complementary goods. If the price of Product A rises, what is likely to happen to Product B? Fewer people
Product A and Product B are complementary goods. If the price of Product A rises, what is likely to happen to Product B? Fewer people will buy it. More people will buy it. Substitution effect means more people will buy product B. Good B will not be affected. Feedback The correct answer is "Fewer people will buy it." 6 End F10
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
