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The people of a certain Mediterranean village always eat salad with balsamic vinegar and olive oil as dressing. If the olive crop fails one year
The people of a certain Mediterranean village always eat salad with balsamic vinegar and olive oil as dressing.
If the olive crop fails one year because of a terrible storm, what most likely would happen to the demand forbalsamic vinegar that the people of this village purchase?
- The demand forbalsamic vinegar purchasedwill decrease because it is a substitute for olive oil.
- The demand forbalsamic vinegar purchased will increasebecause it is a complement to olive oil.
- The demand forbalsamic vinegar purchased will increasebecause vinegar and olive oil are substitutes.
- The demand forbalsamic vinegar purchased will decreasebecause it is a complementto olive oil.
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