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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
A decrease in income increases the demand for hamburger. An increase in the price of potato salad decreases the demand for hamburger. Based on this information, which of the following do we know about hamburgers?
A) Hamburgers are inferior goods, and hamburgers and potato salad are complements.
B) Hamburgers are normal goods, and hamburgers and potato salad are complements.
C) Hamburgers are normal goods, and hamburgers and potato salad are substitutes.
D) Hamburgers are inferior goods, and hamburgers and potato salad are substitutes.
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kingbykingby
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
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#3
7 years ago
I was slightly debating this one, thanks for the feedback
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