If two commodities are unrelated, a change in the price of one will____________
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: B
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 refrigerator will have no effect on bicycle since they are not related.
