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

Responses

the quantity demanded of beach towels will increase for every possible price
the quantity demanded of beach towels will increase for every possible price

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

the income of consumers will decrease
the income of consumers will decrease

the income of consumers will increase

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
8 months ago

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