Question
Coca cola is a normal good and coffee is a substitute for Coca cola. Ice cubes are a complement of Coca cola. Which of the
Coca cola is a normal good and coffee is a substitute for Coca cola. Ice cubes are a complement of Coca cola. Which of the following increases the demand for Coca cola?
A. An increase in the price of sugar
B. A decrease in income
C. An increase in the price of coffee
D. None of the above
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
