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Sublight2097 Sublight2097
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8 years ago
Suppose milk and chocolate syrup are complements (mixed together they make chocolate milk). If the price of milk increased by exactly 25%, the economic way of thinking suggests
A) the demand for milk would decrease.
B) the demand for chocolate syrup would decrease.
C) the demand for milk would decrease by exactly 25%.
D) the demand for chocolate syrup would decrease by exactly 25%.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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Sublight2097 Author
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#2
8 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
8 years ago
Happy to assist!
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