Suppose the market demand curve for tacos can be expressed as QD = 120
Suppose the market demand curve for tacos can be expressed as QD = 120 – 3P – Pb, where QD is the quantity of tacos demanded, P is the price of a taco, and Pb is the price of a burrito. What is the relationship between burritos and tacos, from the point of view of consumers?
A) They are independent.
B) They are complements.
C) They are substitutes.
D) Not enough information to answer the question.
ANSWER
B
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