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    Microeconomics Study Set 34
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    Exam 3: Demand and Supply
  5. Question
    The Observation That the Demand Curve for Grape Jam Shifts
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The Observation That the Demand Curve for Grape Jam Shifts

Question 2

Question 2

Multiple Choice

The observation that the demand curve for grape jam shifts rightward every time the price of peanut butter falls, means that grape jam and peanut butter are


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

Correct Answer:

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