Assuming gasoline and tires to be complementary goods

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Assuming gasoline and tires to be complementary goods, the initial effect on the tire market of an increase in the price of gasoline (other things being equal) would best be described as a an increase in the demand for tires b a decrease in the demand for tires c an increase in the quantity of tires demanded d a decrease in the quantity of tires demanded e an increase in the demand for gasoline.

Reference no: EM131091684

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