Use the Table Below to Answer the Following Questions

question 16

Multiple Choice

Use the table below to answer the following questions.
Table 3.5.4
Quantities demanded and supplied in equilibrium
before and after a drought strikes potato farms

-Refer to Table 3.5.4.In Region 1,potatoes and hamburgers are

• A)substitutes.
• B)complements.
• C)normal goods.
• D)unrelated goods.
• E)inferior goods.

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Definitions:

Public Policy

A principle or course of action adopted or proposed by a government, party, business, or individual, reflecting the societal values and interests at that time.

Exculpatory Clause

A provision in a contract that absolves one party of liability for any wrongdoing related to the agreement.

Serious Crime

A criminal offense considered severe due to its nature, often involving significant harm to individuals or society and carrying heavy penalties.

Noncompetition Clause

A provision in a contract that prohibits an individual from competing with their former employer for a certain period after leaving the company.