Multiple Choice
If the price of tangerines increases,the price of oranges also rises because
A) consumers consider the two goods complements and so sellers decreased the supply of oranges.
B) consumers consider the two goods substitutes and demand for oranges increases.
C) if the supply of tangerines decreased, then the supply of oranges also must decrease.
D) buyers must have expected a higher price for oranges and thus increased their demand for oranges.
E) buyers' incomes must have decreased and oranges are an inferior good.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Computers are a complement to computer software.
Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Scooters and bicycles
Q16: Which of the following is true regarding
Q17: Suppose that the price of flour used
Q18: A market is defined as<br>A) a physical
Q20: Which of the following increases the demand
Q21: Which of the following results in a
Q22: Changes in which of the following factors
Q23: Which of the following shifts the demand
Q24: If the demand and supply both increase