QUESTION IMAGE
Question
only your highest - score quiz attempt for this module counts toward your grade. question 3 if a decrease in the price of mp3 players decreases the demand for cd players, this means that: mp3 players and cd players are inferior goods. mp3 players and cd players are normal goods. mp3 players and cd players are rivalrous goods. mp3 players and cd players are substitutes.
Brief Explanations
When a price - drop in one good reduces demand for another, they are substitutes. Here, MP3 and CD players serve similar functions.
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MP3 players and CD players are substitutes.