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    Microeconomics Theory with Applications
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    Exam 3: Demand Theory
  5. Question
    Marc Consumes Apples (X)and Oranges (Y)
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Marc Consumes Apples (X)and Oranges (Y)

Question 25

Question 25

Multiple Choice

Marc consumes apples (x) and oranges (y) . If Marc's demand function for apples is given by: x =
Mpy/2px and Marc's demand for oranges is given by: x = Mpx/2py, then apples and oranges are:


A) inferior goods.
B) inessential goods.
C) complements.
D) substitutes.

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