What Would You Expect to Happen to the Price of Bagels

question 85

Multiple Choice

What would you expect to happen to the price of bagels if the price of flour decreased and the price of cream cheese decreased?

• A) The equilibrium price of bagels will be indeterminate and the equilibrium quantity will go up.
• B) The equilibrium price will go up and the equilibrium quantity will go up.
• C) The equilibrium price will go down and the equilibrium quantity will be indeterminate.
• D) The equilibrium price will be indeterminate and the equilibrium quantity will go down.
• E) The equilibrium price will go up and the equilibrium quantity will be indeterminate.

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The ability to perceive sound by detecting vibrations through an organ such as the ear.