« previous next »

Author Question: If the price of vanilla ice cream decreases, it is likely that a. demand for vanilla ice cream will ... (Read 64 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jul 1, 2018
If the price of vanilla ice cream decreases, it is likely that
 a. demand for vanilla ice cream will increase
  b. demand for vanilla ice cream will decrease
  c. demand for chocolate ice cream will increase
  d. demand for chocolate ice cream will decrease
  e. the quantity demanded of vanilla ice cream will decrease

Question 2

Two goods are considered substitutes only if a(n)
 a. decrease in the demand for one leads to a decrease in the supply of the other
  b. increase in the demand for one leads to a decrease in the supply of the other
  c. increase in the price of one leads to an increase in the demand for the other
  d. decrease in the price of one leads to an increase in the demand for the other
  e. decrease in the supply of one leads producers to switch to production of the other


asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Ice Cream Ice Cream
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Instilling Vaginal Cream by Using an Applicator Instilling Vaginal Cream by Using an Applicator
When a 2.75-kg fan, having blades 18.5 cm long, is turned off, its angular speed decreases ... When a 2.75-kg fan, having blades 18.5 cm long, is turned off, its angular speed decreases ...
Waffle with Vanilla Ice cream Waffle with Vanilla Ice cream
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Endocytosis -Types and Phagocytosis

For a complete list of videos, visit our video library