Bagels and Cream Cheese Are Complementary Goods

question 153

Multiple Choice

Bagels and cream cheese are complementary goods.Suppose that the price for flour,which is used to produce bagels,increases.The equilibrium price of cream cheese ________,and the equilibrium quantity of cream cheese ________.

• A) rises; decreases
• B) rises; increases
• C) falls; decreases
• D) does not change; does not change
• E) falls; increases

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Definitions:

Behavior Therapies

Psychological treatments that focus on changing undesirable behaviors through conditioning and reinforcement.

Observable Behavior

Actions or reactions of an organism or system that can be noticed and measured objectively by others.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic reactions and anxiety through gradual exposure to the feared object or situation paired with relaxation exercises.

Classical Conditioning Principles

The key concepts of classical conditioning, including the processes of acquisition, extinction, spontaneous recovery, generalization, and discrimination.