Oatmeal Is a Normal Good and Cold Cereal Is a Substitute

question 154

Multiple Choice

Oatmeal is a normal good and cold cereal is a substitute for oatmeal.Raisins are a complement of oatmeal.Which of the following increases the demand for oatmeal?

• A)an increase in the price of raisins
• B)a decrease in income
• C)a decrease in population
• D)an increase in the price of cold cereal
• E)an increase in the supply of oatmeal

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