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26 June, 14:07

Suppose that burgers and fries are complements in consumption. If the price of fries increases

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  1. 26 June, 15:02
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    Answer: Price and Quantity of burgers will decrease

    Explanation: When price of a complement good rises, demand for the other good falls. This means that when price of fries rises, demand for fries as well as demand for burgers will decline. This will lead to a leftward shift in the demand curve for burgers, causing a decline in the price of burgers and a fall in the quantity of burgers supplied.
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