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Author Question: When two goods are substitutes, a shock that raises the price of one good causes the price of the ... (Read 68 times)

tiffannnnyyyyyy

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on: Jul 1, 2018
When two goods are substitutes, a shock that raises the price of one good causes the price of the other good to
 
  A) remain unchanged.
  B) decrease.
  C) increase.
  D) change in an unpredictable manner.

Question 2

If the demand curve is vertical a rightward shift of the supply curve will lead to
 
  A) an increase in quantity supplied.
  B) an increase in quantity demanded.
  C) a decrease in quantity demanded.
  D) a decrease in price.
Microeconomics ¦ Perloff ¦ 8th Edition
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T4T

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tiffannnnyyyyyy

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Reply 2 on: Jul 1, 2018
:D TYSM

nathang24

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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