Question

A good for which demand increases as income rises is​ ________, and a good for which demand increases as income falls is​ ________.

A.

a​ substitute; a complement

B.

a normal​ good; an inferior good

C.

an inferior​ good; a normal good

D.

a​ complement; a substitute

Goods and services that can be used for the same purpose are​ ________, and goods and services that are used together are​ ________.

A.

​substitutes; complements

B.

normal​ goods; inferior goods

C.

​complements; substitutes

D.

inferior​ goods; normal goods

Answer 1

Q1
ANswer
Option B.

a normal​ good; an inferior good

A normal good demand increases as the income rises and vice verse. An inferior good demand decreases as income rises and vice verse.
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Q2
Answer
Option A.

​substitutes; complements

The goods used for the same purpose are a substitute as the one good is used at a time and as the price increases of the good consumer changes the consumption uses the second good for the same consumption so these are substitutable goods.

the complement goods are used together as the two goods needed for consumption at a time otherwise the consumption is not possible.