If the Price of Potato Chips Increases, Other Things Constant

question 15

Multiple Choice

If the price of potato chips increases, other things constant, the demand for potato chip dips will _____

• A) decrease, because potato chips are an inferior good.
• B) increase, because the goods are substitutes.
• C) decrease, because the goods are substitutes.
• D) decrease, because the goods are complements.
• E) increase, because the goods are complements.

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Definitions:

Cryptorchidism

A condition where one or both of the testes fail to descend from the abdomen into the scrotum in male infants.

Testes

Male reproductive glands that produce sperm and sex hormones, playing a key role in male reproductive and endocrine systems.

Scrotum

The pouch of skin that hangs below the penis, housing the testicles and part of the spermatic cord.

Subcutaneous Plaques

Fibrous or hard patches that form under the skin, often associated with various dermatological conditions.