Oyster crackers are a complement for clam chowder. if the price of clam chowder falls, the quantity of clam chowder demand for oyster crackers. because of the change in the equilibrium quantity of oyster crackers, the demand for wheat flour by oyster crackers producersrisesfalls, causing the equilibrium price of wheat flour todecreaseincrease. this means producers of bread facehigherlowerinput prices, and the supply of breaddecreasesincreases. the resultingrisefallin the price of bread causes people to substituteaway from cereal and toward breadaway from bread and toward cereal, so the demand for cerealrisesfalls

answer; /// i believe its ; research and content manager;

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.