Assume that Product X and Product Z are complements in a demand function. Here is the demand function:Q_(Demanded_of_Product_X) =340−2P−0.8P(Product_Z)​
which of the following is correct?
a) An increase in the price of Product X will increase the quantity demanded of Product Z.
b) A decrease in the price of Product Z will decrease the quantity demanded of Product X.
c) An increase in the price of Product X will decrease the quantity demanded of Product Z.
d) A decrease in the price of Product Z will increase the quantity demanded of Product X.