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Commerce · Q1481

Economics

Graduate and Post Graduate · Commerce · question 1481

Q1481

If two goods are complements, this means that a rise in the price of one commodity will induce

A.
an upward shift in demand for the other commodity
Answer
B.
a rise in the price of the other commodity
C.
a downward shift in demand for the other commodity
D.
no shift in demand for the other commodity

Answer: Option A

Solution

Answer: Option A
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