For Consumers,taco Chips and Salsa Are Complements

question 123

Multiple Choice

For consumers,taco chips and salsa are complements.If the price of salsa rises,what is the effect on the equilibrium price and quantity of taco chips?

• A) The equilibrium price of taco chips falls, and the equilibrium quantity decreases.
• B) The equilibrium price of taco chips rises, and the equilibrium quantity decreases.
• C) There is no change in the equilibrium price of taco chips, and the equilibrium quantity increases.
• D) The equilibrium price of taco chips could rise, fall, or stay the same, and the equilibrium quantity increases.
• E) The equilibrium price of taco chips rises, and the equilibrium quantity increases.

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Definitions:

Coping

Strategies that individuals use to manage the distressing problems and emotions in their lives.

Distressing Problems

Issues or challenges that cause emotional pain or discomfort to an individual.

Alarm Stage

The initial reaction of the body's stress response, characterized by the activation of the sympathetic nervous system to fight a threat or stressor.

Vacation Effect

The positive psychological and physiological changes that occur in an individual due to taking a break from work or daily routine, often associated with travel.