Suppose that when the price of hamburgers decreases,the Ruiz family increases their purchases of ketchup.To the Ruiz family,
A) hamburgers and ketchup are complements.
B) hamburgers and ketchup are substitutes.
C) hamburgers and ketchup are normal goods.
D) hamburgers are normal goods and hot dogs are inferior goods.

Question

Quizplus · Accepted Answer

Complements are goods that are typically consumed together. In this case, when the price of hamburgers decreases, the Ruiz family purchases more ketchup, indicating that hamburgers and ketchup are complements.

Suppose That When the Price of Hamburgers Decreases,the Ruiz Family