Multiple choice

The demand of 'Y' decreases with increase in the price of commodity 'X'. What type of goods is commodity 'Y'?

  1. Inferior goods

  2. Composite goods

  3. Substitute goods

  4. Complementary goods

  5. Domestic good

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Material or goods whose use is interrelated with the use of an associated or paired good such that a demand for one (tires, for example) generates demand for the other.