Related to the Economics in Practice on p. 65: Consumption of quinoa has been on the rise. Many people put quinoa in their yogurt, which would make yogurt and quinoa ________, and therefore a decrease in the price of yogurt should ________ the demand for quinoa, ceteris paribus.

Question

Quizplus · Accepted Answer

Quinoa and yogurt are complements because people tend to consume them together. When the price of yogurt decreases, consumers may be more inclined to purchase yogurt, which would increase the demand for complements like quinoa. Therefore, choice C is the correct answer.

Related to the Economics in Practice on P