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Soft Drinks and Peanuts Are Complements

Question 45

Multiple Choice

Soft drinks and peanuts are complements. Other influences on buying plans remaining the same, a rise in the price of soft drinks


A) decreases the demand for soft drinks.
B) increases the demand for peanuts.
C) increases the demand for soft drinks.
D) decreases the demand for peanuts.
E) has no effect on the demand for peanuts, though it does change the quantity demanded of peanuts.

Correct Answer:

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