Multiple Choice
If the price of potato chips increases, other things constant, the demand for potato chip dips will _____
A) decrease, because potato chips are an inferior good.
B) increase, because the goods are substitutes.
C) decrease, because the goods are substitutes.
D) decrease, because the goods are complements.
E) increase, because the goods are complements.
Correct Answer:
Verified
Correct Answer:
Verified
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