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    Exam 3: Where Prices Come From: The Interaction of Supply and Demand
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    Suppose That When the Price of Hamburgers Decreases, the Li
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Suppose That When the Price of Hamburgers Decreases, the Li

Question 282

Question 282

Multiple Choice

Suppose that when the price of hamburgers decreases, the Li family increases their purchases of ketchup.To the Li family


A) hamburgers and ketchup are complements.
B) hamburgers and ketchup and substitutes.
C) hamburgers and ketchup are normal goods.
D) hamburgers are normal goods and hot dogs are inferior goods.

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