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Consider the market for mustard, which is a complement to hot dogs. Suppose the price of pork, an input in the production of hot dogs decreases. Which of the following accurately describes how the mustard market is affected? A. equilibrium price decreases and equilibrium quantity decreases B. equilibrium price increases, and equilibrium quantity increases C. equilibrium price increases and equilibrium quantity decreases D. equilibrium price decreases, and equilibrium quantity increases

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720533

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