Solved

Table 211 Depicts the Market for Mushrooms (In Thousands of Kilograms

Question 95

Multiple Choice

Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month) .
Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month) .    -In what way are products A and B related if an increase in the price of product A leads to a decrease in the demand for product B? A) Consumer income has increased,and product A is an inferior product. B) Consumer income has decreased,and product A is a normal product. C) The two products must be complements. D) The two products must be substitutes. E) The two products must be inferior products.
-In what way are products A and B related if an increase in the price of product A leads to a decrease in the demand for product B?


A) Consumer income has increased,and product A is an inferior product.
B) Consumer income has decreased,and product A is a normal product.
C) The two products must be complements.
D) The two products must be substitutes.
E) The two products must be inferior products.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions