Refer to Scenario 3.3 below to answer the question(s) that follow.
SCENARIO 3.3: Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.
Refer to Scenario 3.3. The government wants to protect consumers from rising food prices. Therefore, price restrictions are imposed on mustard producers, prohibiting them from raising the price of mustard. This will cause
◦ an excess demand for mustard.
◦ an excess supply of mustard.
◦ an increase in the demand for mustard.
◦ a decrease in the supply of mustard.
Question
If a fire were to occur, follow the evacuation plan.
Follow the on-screen instructions.
Economics question
economic question
Chemistry question