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30.If as the price of nylon increases​, the quantity of lawn fertilizer that firms plan to...

30.If as the price of nylon increases​, the quantity of lawn fertilizer that firms plan to sell increases​, then nylon and lawn fertilizer are​ _______.

A.

normal goods

B.

substitutes

substitutes in production

C.

inferior goods

D.

complements

complements in production

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Answer #1

Ans) the correct option is B.substitutes

substitutes in production

When the two goods are substitutes, increase in the price of one good increases the demand for other good.

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