Are salsas and chips complementary or substitute goods.
What will happen to the demand for salsa if the following happens? Explain why.
a-The price of Doritos which is a substitute for chips increases?
b-The price of corn which is a key ingredient in chip goes up significantly
c-A study by the medical association reveals that chips reduce blood sugar
d-The price of tomatoes which is a key ingredient in salsa falls significantly.