If toast and butter are complements,then which of the following would increase the demand for toast?
A)a decrease in the price of toast
B)a decrease in the price of butter
C)an increase in the price of butter
D)Both a and b are correct.

Question

Quizplus · Accepted Answer

If butter is a complement to toast, a decrease in the price of butter would likely lead to an increase in the demand for both butter and toast. Therefore, choice B is the correct answer. Choice A, a decrease in the price of toast, may increase the quantity demanded of toast, but it may not necessarily increase overall demand for toast. Choice C, an increase in the price of butter, may decrease the demand for both butter and toast. Option D, Both a and b are correct, is not entirely accurate since choice A may not necessarily increase overall demand for toast.

If Toast and Butter Are Complements,then Which of the Following