Question : 107) Suppose that when the price of oranges decreases, Sarita : 1387371

107) Suppose that when the price of oranges decreases, Sarita decreases her purchases of peaches. To Sarita,

A) oranges and peaches are complements.

B) oranges and peaches are inferior goods.

C) oranges and peaches are normal goods.

D) oranges and peaches are substitutes.

108) Suppose that when the price of pickles decreases, Teddy increases his purchase of ketchup. To Teddy,

A) pickles and ketchup are complements.

B) pickles and ketchup and substitutes.

C) pickles and ketchup are normal goods.

D) pickles are a normal good and ketchup is an inferior good.

109) Suppose that when the price of ice cream increases, Liza decreases her purchase of hot fudge. To Liza,

A) ice cream and hot fudge are complements.

B) ice cream and hot fudge and substitutes.

C) ice cream and hot fudge are normal goods.

D) ice cream is a normal good and hot fudge is an inferior good.

110) Several studies have shown promising links between green tea consumption and cancer prevention. How does this affect the market for green tea?

A) The quantity of green tea demanded increases because of a change in tastes in favor of green tea.

B) The green tea demand curve shifts to the right because of a change in tastes in favor of green tea.

C) The green tea demand curve shifts to the left because this new information will increase the price of green tea.

D) The quantity of green tea demanded decreases because this new information will increase the price of green tea.

111) If the price of gasoline increases, what will be the impact in the market for public transportation?

A) The demand curve for public transportation shifts to the right.

B) The quantity of public transportation demanded increases.

C) The demand curve for public transportation shifts to the left.

D) The quantity of public transportation demanded decreases.

112) If the price of train tickets decreases, what will be the impact in the market for bus travel?

A) The demand curve for bus travel shifts to the right.

B) The quantity of bus travel demanded increases.

C) The demand curve for bus travel shifts to the left.

D) The quantity of bus travel demanded decreases.

113) How does the increasing use of digital cameras affect the market for traditional camera film?

A) The demand curve for traditional camera film shifts to the right.

B) The quantity of traditional camera film demanded decreases.

C) The quantity of traditional camera film demanded increases.

D) The demand curve for traditional camera film shifts to the left.

114) How does the decreasing use of DVD players affect the market for prerecorded DVDs?

A) The demand curve for prerecorded DVDs shifts to the right.

B) The quantity of prerecorded DVDs demanded decreases.

C) The quantity of prerecorded DVDs demanded increases.

D) The demand curve for prerecorded DVDs shifts to the left.

115) Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for laser printer ink cartridges?

A) The demand curve for laser printer ink cartridges shifts to the right.

B) The demand curve for laser printer ink cartridges shifts to the left.

C) The quantity of laser printer ink cartridges demanded increases.

D) The quantity of laser printer ink cartridges demanded decreases.

116) Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for traditional inkjet printers?

A) The demand curve for inkjet printers shifts to the right.

B) The demand curve for inkjet printers shifts to the left.

C) The quantity of inkjet printers demanded increases.

D) The quantity of inkjet printers demanded decreases.