Suppose that you discover that, ceteris paribus, when the price of tomatoes increases, the demand for bleu cheese decreases. From this you conclude that: tomatoes and blue cheese are substitutes. tomatoes are inferior goods and blue cheese is a normal good. tomatoes and blue cheese are complements. the demand curve for tomatoes has shifted to the left.
Suppose that you discover that, ceteris paribus, when the price of tomatoes increases, the demand for bleu cheese decreases. From this you conclude that: tomatoes and blue cheese are substitutes. tomatoes are inferior goods and blue cheese is a normal good. tomatoes and blue cheese are complements. the demand curve for tomatoes has shifted to the left.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Suppose that you discover that, ceteris paribus, when the
price of tomatoes increases, thedemand for bleu cheese decreases. From this you conclude that:tomatoes and blue cheese are substitutes.tomatoes are inferior goods and blue cheese is a normal good.tomatoes and blue cheese are complements.the demand curve for tomatoes has shifted to the left.
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