Wine and Cheese Are Complement Goods Because They Are Consumed

question 3

Multiple Choice

Wine and cheese are complement goods because they are consumed together.What would you expect to happen to the equilibrium quantity of cheese if the price of wine increased and all else is held constant?

• A) It would increase because of a supply shift.
• B) It would increase because of a demand shift.
• C) It would stay the same because of both a demand and a supply shift.
• D) It would decrease because of a supply shift.
• E) It would decrease because of a demand shift.

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Definitions:

Monosaccharide

The simplest form of carbohydrates, consisting of a single sugar molecule, such as glucose or fructose.

Disaccharide

A type of sugar formed by the combination of two monosaccharides, such as lactose and sucrose.

Polysaccharides

Complex carbohydrates formed from chains of monosaccharides, playing critical roles in energy storage and structural functions in living organisms.

Disaccharide

A type of carbohydrate made up of two monosaccharide molecules bonded together.