Bagels and Cream Cheese Are Complementary Goods

question 62

Multiple Choice

Bagels and cream cheese are complementary goods. Suppose that the price of flour, which is used to produce bagels, increases. The equilibrium price of CREAM CHEESE ________, and the equilibrium quantity of CREAM CHEESE ________.

• A) rises; decreases
• B) falls; decreases
• C) does not change; does not change
• D) rises; increases
• E) falls; increases

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Definitions:

Navigation

The process by which an organism determines its position and plans and executes movement through an environment.

Migration

The movement of organisms from one geographical location to another, typically for the purpose of finding food, breeding, or due to seasonal changes.

Bereavement Role

Behavioral expectations for the bereaved that are structured around specific rights and duties.

Cultural Expectations

The shared norms, values, and standards expected by a society or community that guide behaviors and practices.