Suppose the Market Demand Curve for Tacos Can Be Expressed

question 99

Multiple Choice

Suppose the market demand curve for tacos can be expressed as Q^D = 120 - 3P - Pb,where Q^D is the quantity of tacos demanded,P is the price of a taco,and Pb is the price of a burrito.What is the relationship between burritos and tacos,from the point of view of consumers?

• A) They are independent.
• B) They are complements.
• C) They are substitutes.
• D) Not enough information to answer the question.

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