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stars_and_moon stars_and_moon
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7 years ago
Suppose that an increase in income increases the demand for granola bars and that a decrease in the price of grapes decreases the demand for granola bars. Based on this information, which of the following do we know about granola bars?
A) Granola bars are inferior goods, and granola bars and grapes are substitutes.
B) Granola bars are normal goods, and granola bars and grapes are substitutes.
C) Granola bars are inferior goods, and granola bars and grapes are complements.
D) Granola bars are normal goods, and granola bars and grapes are complements.
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kingbykingby
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#1
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7 years ago
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#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
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#3
7 years ago
Great! Now we can move on to the next one
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