Suppose That One Observes That,when the Price of Peanut Butter

question 6

Multiple Choice

Suppose that one observes that,when the price of peanut butter increases,the demand for crackers increases.One must conclude that

• A) peanut butter and crackers are complements.
• B) peanut butter and crackers are substitutes.
• C) peanut butter and crackers are normal goods.
• D) peanut butter and crackers are inferior goods.
• E) peanut butter and crackers are superior goods.