TWO MC QUESTIONS

The owner of a supermarket knows that when the price of potatoes increases by 10% the demand for tomatoes decreases by 10%. Given this information, we know that potatoes and tomatoes are Inferior goods Complements Normal goods Substitutes Question 34 (1 point) Demand curves tend to be more over a longer period of time. inflexible price-elastic steeply sloped price-inelastic