Cupcakes and Granola Bars Are Substitutes in Consumption

question 338

Multiple Choice

Cupcakes and granola bars are substitutes in consumption. The price of a granola bar increases so the demand for

• A) granola bars will increase, that is, the demand curve will shift rightward.
• B) cupcakes will increase, that is, the demand curve will shift rightward.
• C) granola bars will decrease, that is, the demand curve will shift leftward.
• D) cupcakes will decrease, that is, the demand curve will shift leftward.

---

Definitions:

Success

The achievement of a goal or objective, often recognized through measurable outcomes or personal fulfillment.

Camus

A French philosopher, author, and journalist known for his existential works and his concept of the absurd.

Reason

The ability to think abstractly, form arguments, and make inferences. Sometimes referred to as a “faculty” of the human mind (a leftover from eighteenth-century psychology). In metaphysics, however, it often has a more controversial meaning— namely, that human ability to go beyond experience to determine, through thought alone, what reality is really like.

Sisyphus

A figure in Greek mythology condemned to endlessly roll a boulder up a hill only for it to roll down every time it neared the top, symbolizing futile effort or eternal struggle.