Peaches and cream are complements.When the price of peaches rises,the equilibrium quantity of cream will ________ and the equilibrium price of cream will ________.

Name: Peaches and cream are complements.When the price of peaches rises,the equilibrium quantity of cream will ________ and the equilibrium price of cream will ________.
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Question

Quizplus · Accepted Answer

When the price of peaches rises, demand for its complement, cream, decreases, leading to a lower equilibrium quantity and price for cream.

Peaches and Cream Are Complements