If tea and coffee can be used in place of one another, then which of the following statements holds true?
(A) Increase in the price of tea leads to a decrease in demand for coffee.
(B) Increase in the price of tea leads to an increase in demand for coffee.
(C) Tea and coffee are substitute goods.
(D) Decrease in the price of tea leads to an increase in the price of coffee.
(E) Tea and Coffee are complimentary goods.
Choose the correct answer from the options given below:
1
(A) and (E) only
2
(B) and (E) only
3
(C) and (D) only
4
(B) and (C) only