For Consumers, Corn Chips and Salsa Are Complements

question 26

Multiple Choice

For consumers, corn chips and salsa are complements. If the price of salsa rises, what is the effect on the equilibrium price and quantity of corn chips?

• A) The equilibrium price of corn chips falls, and the equilibrium quantity decreases.
• B) The equilibrium price of corn chips rises, and the equilibrium quantity decreases.
• C) The equilibrium price of corn chips rises, and the equilibrium quantity increases.
• D) There is no change in the equilibrium price of corn chips, and the equilibrium quantity increases.
• E) The equilibrium price of corn chips could rise, fall or stay the same, and the equilibrium quantity increases.

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Definitions:

Hyper-V

A hypervisor for running virtual machines inside Windows.

Certificate-Based

Pertaining to systems or protocols that use digital certificates for authentication, encryption, or to establish secure connections, enhancing security in digital communications.

Generic

This term refers to products or elements that are not branded or marketed under a specific name, often seen as the basic or standard version of something.

Bootrec /Fixmbr

A command in Windows Recovery Environment used to repair the Master Boot Record on the hard drive.