Potato Chips and Popcorn Are Substitutes

question 22

Multiple Choice

Potato chips and popcorn are substitutes. A subsidy for potato chips will ______the demand for popcorn and the quantity of popcorn sold will ______.

• A) increase; increase
• B) increase; decrease
• C) decrease; decrease
• D) decrease; increase

---

Definitions:

Information

Data or knowledge communicated or received about a particular fact or circumstance; information can be obtained from various sources and is essential for decision-making.

Attitudes

A settled way of thinking or feeling about something, typically reflected in a person's behavior or actions.

Influences

Forces or factors that have an effect on the actions, behavior, opinions, or development of someone or something.

Mere Exposure Effect

An effect that occurs when people hold a positive attitude toward a stimulus simply because they have been exposed to it repeatedly.