Bagels and Cream Cheese Are Complementary Goods

question 153

Multiple Choice

Bagels and cream cheese are complementary goods.Suppose that the price for 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) rises; increases
• C) falls; decreases
• D) does not change; does not change
• E) falls; increases

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Definitions:

Therapeutic Touch

A healing method involving the manipulation of a person’s energy field by a practitioner aiming to promote well-being and healing.

Chronic Pain

Persistent or recurring pain lasting longer than three to six months, often resistant to conventional treatment.

Energy Field

Refers to a hypothetical field thought to surround living beings, which some believe can be manipulated for healing purposes.

Chronic Obstructive Pulmonary Disease

A longstanding lung disease that results in obstructed airflow from the lungs, often due to emphysema and chronic bronchitis.