This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Ham and eggs are complements. If the price of ham rises, the demand for eggs will A) increase or ... (Read 248 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
Ham and eggs are complements. If the price of ham rises, the demand for eggs will
 
  A) increase or decrease but the demand curve for ham will not change.
  B) decrease and the demand curve for ham will shift rightward.
  C) not change but there will be a movement along the demand curve for eggs.
  D) decrease and the demand curve for eggs will shift leftward.

Question 2

Which is the most likely effect upon the market for cotton of a significant improvement in the quality of synthetic textiles?
 
  A) A decrease in demand and hence a decrease in both the price of cotton and the quantity exchanged.
  B) A decrease in demand and hence a decrease in the price of cotton and an increase in the quantity exchanged.
  C) A decrease in demand and hence an increase in the price of cotton and a decrease in the quantity exchanged.
  D) A decrease in both demand and supply and hence a decline in the quantity exchanged but no predictable change in the price of cotton.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
:D TYSM

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
White and brown eggs White and brown eggs
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Appendicitis Animation

For a complete list of videos, visit our video library