Which of the Following Would Cause the Equilibrium Price of Ketchup

question 67

Multiple Choice

Which of the following would cause the equilibrium price of ketchup to increase and the equilibrium quantity of ketchup to decrease?

• A)a decrease in the price of tomatoes
• B)an increase in the price of tomatoes
• C)an increase in the price of mustard,a substitute for ketchup
• D)an increase in the price of french fries,a complement for ketchup

---

Definitions:

Adrenal Gland

A pair of endocrine glands that sit above the kidneys and produce hormones such as adrenaline and cortisol, which help control stress and other bodily functions.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.

Central Nervous System

The complex of nerve tissues that controls the activities of the body, comprising the brain and spinal cord.

Autonomic Nervous System

A component of the peripheral nervous system that regulates involuntary physiological processes including heart rate, digestion, respiratory rate, pupillary response, urination, and sexual arousal.