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Author Question: Suppose we observe that the demand for eggs increases when people buy more potatoes. We can conclude ... (Read 62 times)

abern

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Suppose we observe that the demand for eggs increases when people buy more potatoes. We can conclude that eggs and potatoes are
 
  A) inferior goods.
  B) normal goods.
  C) complements.
  D) substitutes.

Question 2

If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the
 
  A) market clearing price will increase.
  B) market clearing price will decrease.
  C) equilibrium quantity will increase.
  D) equilibrium quantity will decrease.



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akudia

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Answer to Question 1

C

Answer to Question 2

C




abern

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Reply 2 on: Jun 29, 2018
Gracias!


bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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