percent decrease in the price of avocados leads to a 20 percent increase in the quantity of salsa demanded. It appears that: Question 26 options: Salsa and avocados have a secret relationship that no one (except for the bananas) knows about. salsa is a complement good to avocados. salsa is a substitute good to avocados. there is no relationship between demand for salsa and demand for avocados.
percent decrease in the price of avocados leads to a 20 percent increase in the quantity of salsa demanded. It appears that: Question 26 options: Salsa and avocados have a secret relationship that no one (except for the bananas) knows about. salsa is a complement good to avocados. salsa is a substitute good to avocados. there is no relationship between demand for salsa and demand for avocados.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 13SQ
Related questions
Question
A 5 percent decrease in the price of avocados leads to a 20 percent increase in the quantity of salsa demanded. It appears that:
Question 26 options:
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Salsa and avocados have a secret relationship that no one (except for the bananas) knows about. |
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salsa is a complement good to avocados. |
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|
salsa is a substitute good to avocados. |
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there is no relationship between demand for salsa and demand for avocados. |
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