A. have effect on the quantity demanded of the other
B. have no effect on the quantity demanded of the other
C. increase the quantity demanded on the other
D. decrease the quantity demanded on the other
Correct Answer: Option B
B. have no effect on the quantity demanded of the other
Explanation
The two goods are Independent goods. Therefore, a change in the price of one will have no effect on the other. e.g. refrigerator and bicycle. A change in the price of a refrigerator will have no effect on a bicycle since they are not related.
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…