Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot

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Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, what happens to the market for ketchup? For tomatoes? For tomato juice? For orange juice?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:47 AM

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Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot

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Ketchup is a complement for hot dogs Therefore when the price of hot dogs rises the quant...View the full answer

Principles of economics

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