Based on the figure at right, it can be inferred that OA. the consumer regards orange juice and apple juice as perfect complements. O B. the consumer regards orange juice and apple juice as perfect substitutes. C. the consumer does not consider orange juice as "good." O D. the consumer will never purchase any quantity of apple juice.

Based on the figure at right, it can be inferred that OA. the consumer regards orange juice and apple juice as perfect complements. O B. the consumer regards orange juice and apple juice as perfect substitutes. C. the consumer does not consider orange juice as "good." O D. the consumer will never purchase any quantity of apple juice.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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