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)

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter3: Market Demand And Supply
Section: Chapter Questions
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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)
E. all of the above WILL decrease the demand for steak
10.
Transcribed Image Text: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) E. all of the above WILL decrease the demand for steak 10.
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