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:

&&

A logical AND operator used in programming to evaluate whether two conditions are both true.

String Variables

Variables that are used to store text data, composed of a sequence of characters.

If Statement

A control flow statement that allows branching based on conditions, executing blocks of code if the condition is true.

Value Of Y

A phrase often used in programming and mathematics to refer to the value assigned to or represented by the variable y.