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24 April, 06:01

65. French fries and hamburgers are complements. Suppose that the cost of the ingredients used to make

hamburgers rises, so that the price of a hamburger rises. The demand for French fries will, the

equilibrium price of French fries will

and the equilibrium quantity will

A. Demand: increase, Price: increase, Quantity: increase

B. Demand: increase, Price: decrease, Quantity: decrease

Demand: decrease, Price: decrease, Quantity: increase

D. Demand: decrease, Price: decrease, Quantity: decrease

E. Demand: decrease, Price: increase, Quantity: increase

11.11

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Answers (1)
  1. 24 April, 06:15
    0
    The answer is E. Demand: decrease, Price: increase, Quantity: increase
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