If the price of computers increases and the demand for monitors decreases as a result, then:
A)computers and monitors are complements.
B)computers are a normal good and monitors are inferior.
C)computers and monitors are substitutes.
D)computers are an inferior good and monitors are normal.

Question

Quizplus · Accepted Answer

When the price of computers increases and the demand for monitors decreases, it indicates that computers and monitors are complements. This is because the two goods are often used together, so an increase in the price of one leads to a decrease in the demand for the other.

If the Price of Computers Increases and the Demand for Monitors