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

Author Question: If goods X and Y are substitutes and the price of X falls, all other things being equal, the demand ... (Read 60 times)

Facerro

  • Full Member
  • ***
  • Posts: 139
on: Oct 12, 2022

Question 1

If the price of tea falls and as a consequence the demand for sugar rises, then tea and sugar are
◦ luxury goods.
◦ substitute goods.
◦ complementary goods.
◦ independent goods.
◦ neutral goods.

Question 2

If goods X and Y are substitutes and the price of X falls, all other things being equal, the demand curve for Y will
◦ shift to the right.
◦ shift to the left.
◦ be indeterminate.
◦ not shift at all.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Facerro on Oct 12, 2022

kalimarie

  • Full Member
  • ***
  • Posts: 150
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 56% of students answer this correctly


Facerro

  • Member
  • Posts: 139
Reply 2 on: Oct 12, 2022
Wow, this really help

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Worldly Goods Worldly Goods
Risk factors for falls Risk factors for falls
J. M. W. Turner, The Upper Falls of the Reichenbach. J. M. W. Turner, The Upper Falls of the Reichenbach.
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library