Unformatted text preview: Assume you buy three goods: hamburgers. french fries, and pizza. You always prefer your
hamburger wlIh french fries. Also. you do not like consuming hamburgers and pizzas at the
some time. lfthe price of french fries Increases, the demand for: ‘1’ Your answer is correct. hambu [ﬁrs memes. V hamburgers decreases. plzzadeoresses ~/ pizza increases. llfrenoh fries are more expensive, consumers will want fewer french fries and fewer hamburgers
to go with them. They will switch to pizzas instead. ...
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