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