When the Price of Orange Juice Increases, Consumers May Switch

question 84

Multiple Choice

When the price of orange juice increases, consumers may switch to apple juice or tomato juice. What is this switch a result of?

• A) the complement effect
• B) the price effect
• C) the substitution effect
• D) the income effect

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Definitions:

Free Exercise Clause

A provision in the First Amendment to the U.S. Constitution that protects the right of individuals to practice their religion freely, without government interference.

Equal Protection Clause

Part of the Fourteenth Amendment to the United States Constitution, it dictates that no state shall deny to any person within its jurisdiction the equal protection of the laws.

Muslim Man

An individual who identifies with the Islamic faith, which is a monotheistic Abrahamic religion articulated by the Quran.

Freely Exercise

The right to practice one's religion without interference from the government, as protected under the First Amendment of the U.S. Constitution.