Multiple Choice
Tomas increased his consumption of potato chips when the price of pistachios increased.For Tomas, potato chips and pistachios are
A) substitutes.
B) both inferior goods.
C) complements.
D) both luxury goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Assume that California Merlot is a normal
Q35: The law of demand implies, holding everything
Q36: By 2017, Pepsi and Coke were attempting
Q37: A decrease in quantity supplied is represented
Q38: Positive technological change in the production of
Q40: Figure 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 3-1
Q41: Harvey Rabbitt pays for monthly cable TV
Q42: At a product's equilibrium price<br>A)the product's demand
Q43: Assume that microbrewery beer is a normal
Q44: In June, buyers of titanium expect that