Assuming Steak and Potatoes Are Complements, Other Things Being Equal

question 34

Multiple Choice

Assuming steak and potatoes are complements, other things being equal, an increase in the price of steak, will:

• A) increase the demand for potatoes.
• B) decrease the demand for potatoes.
• C) increase the demand for steak.
• D) decrease the demand for steak.

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