Related to the Economics in Practice on p. 67: 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 they are often consumed together. Therefore, a decrease in the price of yogurt would make it more affordable, potentially increasing the demand for quinoa as people buy more yogurt and add quinoa to it.

Related to the Economics in Practice on P