Which of the following would NOT decrease the demand for steak? A. a fall in the price of chicken (a substitute) B. a rise in the price of steak C. a rise in the price of potatoes (a complement) D. a decrease in consumer income (assume steak is a normal good)
Which of the following would NOT decrease the demand for steak? A. a fall in the price of chicken (a substitute) B. a rise in the price of steak C. a rise in the price of potatoes (a complement) D. a decrease in consumer income (assume steak is a normal good)
Chapter3: Market Demand And Supply
Section: Chapter Questions
Problem 1SQ
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