00:01
So here we have a fact, right? we are told that when the price of tomatoes goes up, the demand for blue cheese goes down, right? the quantity of blue cheese goes down, the demand for it falls.
00:14
What can we imagine? well, these are related goods, so we can rule out some other things, right? inferior goods are talking about changes in income, right? so there's no story about changes in income here.
00:33
That's simply not an option.
00:38
Normal goods are also doing the same thing, right? they're talking about changes in income.
00:42
So the options that are giving us about inferior or normal goods don't really apply.
00:50
This is a story about substitutes or compliments.
00:53
And let's fill in the missing blanks here.
00:55
When the price of tomatoes goes up, that should mean that the quantity of tomatoes...