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Author Question: Which of the following statements about gold jewelry and round-trip bus tickets to Bismarck, North ... (Read 95 times)

CBme

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on: Jul 1, 2018
Which of the following statements about gold jewelry and round-trip bus tickets to Bismarck, North Dakota, is most likely to be correct?
 a. They are both inferior goods.
  b. Their demand curves probably are quite similar.
  c. They are complements.
  d. They are substitutes.
  e. They are unrelated.

Question 2

An increase in the demand for peanut butter could be caused by a(n)
 a. decrease in consumer income
  b. increase in the supply of peanut butter
  c. decrease in the price of bread
  d. drought in Georgia that destroyed 30 percent of the peanut crop
  e. decrease in the price of bologna


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matt

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Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

C


CBme

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Reply #2 on: Jul 1, 2018
Correct answers!


matt

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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