📚 Learning Guide
Substitutes and Complements in Economics
easy

If potatoes are to corn as peanut butter is to ____?

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
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Choose the Best Answer

A

Jam

B

Bread

C

Jelly

D

Honey

Understanding the Answer

Let's break down why this is correct

Answer

In economics, we often talk about substitutes and complements to understand how different goods relate to each other. Potatoes and corn can be seen as substitutes because both are types of food that can serve similar purposes in meals. Similarly, peanut butter can be compared to jelly, as both are common spreads that people often use together on sandwiches. Just like you might choose between potatoes and corn based on what you have or prefer, you might choose between peanut butter and jelly based on your taste or what you're making. Therefore, if potatoes are to corn, then peanut butter is to jelly, highlighting how these pairs of items can replace or complement each other in our diets.

Detailed Explanation

Peanut butter and jelly are often eaten together. Other options are incorrect because Jam is similar to jelly, but they are not the same; Bread is often used with peanut butter, but it is not the same type of pairing.

Key Concepts

Substitutes and Complements
Consumer Behavior
Market Dynamics
Topic

Substitutes and Complements in Economics

Difficulty

easy level question

Cognitive Level

understand

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