If the Price of Ice Cream Increases Substantially (Ceteris Paribus),the

question 92

Multiple Choice

If the price of ice cream increases substantially (ceteris paribus) ,the equilibrium quantity of hot fudge sauce,a complement,is likely to:

• A) increase, and the equilibrium price is likely to decrease.
• B) increase, and the equilibrium price is likely to increase.
• C) decrease, and the equilibrium price is likely to decrease.
• D) decrease, and the equilibrium price is likely to increase.

---

Definitions:

Reward Power

The capacity to offer something of value as a means to influence the behavior of others.

Influence

The capacity to have an effect on the behavior, development, or character of someone or something.

Value

The importance, worth, or usefulness of something, often determining its desirability or the principles held by individuals or organizations.

Positive Face

The desire or need of an individual to be appreciated and approved by others in social interactions.