Multiple Choice
Suppose that when the price of hamburgers decreases,the Ruiz family increases their purchases of ketchup.To the Ruiz family,
A) hamburgers and ketchup are complements.
B) hamburgers and ketchup are substitutes.
C) hamburgers and ketchup are normal goods.
D) hamburgers are normal goods and hot dogs are inferior goods.
Correct Answer:
Verified
Correct Answer:
Verified
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