Multiple Choice
Assume that crackers and soup are complementary goods. The effect on the soup market of an increase in the price of crackers (other things being equal) would best be described as a(n) :
A) decrease in the quantity of soup demanded.
B) decrease in the demand for soup.
C) increase in the quantity of soup demanded.
D) increase in the demand for soup.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: When economists say the supply of a
Q7: Exhibit 3-3 Demand curves <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6121m/.jpg" alt="Exhibit
Q8: Assuming that hamburgers and hot dogs are
Q10: Two goods that are complementary are:<br>A) wrapping
Q12: Suppose A and B are substitute goods.
Q13: Exhibit 3-15 Supply and demand curves for
Q14: Equilibrium in a market exists when there
Q15: Two goods, X and Y, are complementary
Q18: When economists say the quantity demanded of
Q24: Suppose the prices of petroleum products, including