Multiple Choice
Oatmeal is a normal good and cold cereal is a substitute for oatmeal. Raisins are a complement for oatmeal. Which of the following increases the demand for oatmeal?
A) An increase in the price of raisins
B) A decrease in income
C) An increase in the price of cold cereal
D) A decrease in population
Correct Answer:
Verified
Correct Answer:
Verified
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