Multiple Choice
Suppose that one observes that,when the price of peanut butter increases,the demand for crackers increases.One must conclude that
A) peanut butter and crackers are complements.
B) peanut butter and crackers are substitutes.
C) peanut butter and crackers are normal goods.
D) peanut butter and crackers are inferior goods.
E) peanut butter and crackers are superior goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -As the price
Q2: Which of the following will NOT cause
Q3: If the price of a good is
Q4: Since 1990,per-capita income in China has risen.In
Q5: When the demand for a good increases,firms
Q7: The demand curve illustrates that consumers purchase<br>A)
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -If column 1
Q9: In 1996,"mad cow" disease caused the European
Q10: Suppose that a market is currently at
Q11: In the mid-1990s,The Wall Street Journal reported