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

Author Question: Demand for a good will always rise when: a. the price of a complementary good falls. b. the price ... (Read 158 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Demand for a good will always rise when:
 a. the price of a complementary good falls.
  b. the price of a substitute good falls.
  c. tastes change.
  d. incomes decrease.
  e. the price of the good falls.

Question 2

Assume that crackers and soup are complementary goods. The effect on the soup market of an increase in the price of crackers (other things being equal) would best be described as a(n):
 a. decrease in the quantity of soup demanded.
  b. decrease in the demand for soup.
  c. increase in the quantity of soup demanded.
  d. increase in the demand for soup.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


809779

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Wow, this really help

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ... A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ...
Nuts are also a good source of dietary fibre Nuts are also a good source of dietary fibre
The Rise and Fall of Separation Anxiety The Rise and Fall of Separation Anxiety
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library