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Assume cereal and milk are complements for most consumers. Use the slider to show what will happen to the demand for cereal if the price of milk decreases?

Assume cereal and milk are complements for most consumers. Use the slider to show what will happen to the demand for cereal if the price of milk decreases?
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Assume cereal and milk are complements for most consumers. Use the slider to show what will happen to the demand for cereal if the price of milk decreases?

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User MrLoon
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1 Answer

2 votes
It will go up because the milk is cheaper and they will buy what goes with it because they are complements ( milk and cereal ) this leads people to buy what goes with it so more cereal will be bought
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User Deepflame
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