Question

Macroeconomics

If demand for energy drinks decreases when the price of bagels increases, we can say that energy drinks and bagels are....

normal goods.

inferior goods.

substitute goods.

complementary goods.

preferred goods.

Answer 1

i think we can say that energy drinks and bagels are :
Preferred goods
they influence each other because the other product is not available

hope this helps

Answer 2

The actual acn correct answer is the last one Peferred goods. This is so because they influence each other. It is because the other is not available. SO I hope this clarifies everything