Author Question: Mary decreases her consumption of Good X after the price of Good Y decreased. For Mary A) Good X ... (Read 312 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
Mary decreases her consumption of Good X after the price of Good Y decreased. For Mary
 
  A) Good X and Good Y are substitutes.
  B) Good X and Good Y are complements.
  C) Good X is an inferior good.
  D) Good Y is an inferior good.

Question 2

Which rationing system leads to the most efficient use of available resources?
 
  A) free market
  B) physical force
  C) first come, first served
  D) random assignment



ju

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library