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Question 1 6 1 . 6 7 pts We observe that people buy less steak and more potatoes when the price of steak relative to
Question pts We observe that people buy less steak and more potatoes when the price of steak relative to potatoes increases. This indicates that steak and potatoes are unrelated goods. complements. substitutes. inferior goods.
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pts
We observe that people buy less steak and more potatoes when the price of steak relative to potatoes increases. This indicates that steak and potatoes are
unrelated goods.
complements.
substitutes.
inferior goods.
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