If the Price of Tangerines Increases,the Price of Oranges Also

question 19

Multiple Choice

If the price of tangerines increases,the price of oranges also rises because

• A) consumers consider the two goods complements and so sellers decreased the supply of oranges.
• B) consumers consider the two goods substitutes and demand for oranges increases.
• C) if the supply of tangerines decreased, then the supply of oranges also must decrease.
• D) buyers must have expected a higher price for oranges and thus increased their demand for oranges.
• E) buyers' incomes must have decreased and oranges are an inferior good.

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Definitions:

Full-load Horsepower

The amount of power generated by an engine or motor when operating at its maximum permissible load.

Three-phase Induction Motors

These motors operate on three-phase AC power and are widely used in industrial applications due to their robustness, efficiency, and reliability.

Physical Connection

The tangible linking of two or more objects, components, or systems, allowing for the transfer of electricity, signals, or mechanical force.

Nominal Voltage

The specified voltage at which an electrical device is intended to operate under normal conditions.