Question

Sunscreen and beach towels are complementary goods. If the price of sunscreen increases, ceteris paribus, _• (1 point)

O the income of consumers will increase
• the quantity demanded of beach towels will decrease for every possible price
• the income of consumers will decrease
• the quantity demanded of beach towels will increase for every possible price

Answer 1

• the quantity demanded of beach towels will decrease for every possible price