If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are ______.

complements

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inferior goods

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normal goods

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substitutes

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Solution

The correct option is A substitutes
There is a direct relationship between the price of jeans and demand for tennis shoes, thus they are substitute goods, as there exists a direct relationship between the price and demand of substitute goods.

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If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are ______.

The correct option is A substitutesThere is a direct relationship between the price of jeans and demand for tennis shoes, thus they are substitute goods, as there exists a direct relationship between the price and demand of substitute goods.

The correct option is A substitutes
There is a direct relationship between the price of jeans and demand for tennis shoes, thus they are substitute goods, as there exists a direct relationship between the price and demand of substitute goods.