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

Author Question: Goods X and Y are complementary goods. A decrease in price of good X has occurred. In the market for ... (Read 81 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Goods X and Y are complementary goods. A decrease in price of good X has occurred. In the market for good Y, this will lead to
 
  A) an increase in price and a decrease in quantity.
  B) an increase in price and an increase in quantity.
  C) a decrease in price and a decrease in quantity.
  D) a decrease in price and an increase in quantity.

Question 2

An externality exists when
 
  A) goods are sold in specific geographic locations.
  B) some of the benefits or costs associated with a good are borne by third parties.
  C) the government taxes a good.
  D) the government subsidizes a good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 29, 2018
Correct answers!


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

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

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Complementary shapes of a substrate and its binding site on an enzyme Complementary shapes of a substrate and its binding site on an enzyme
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Polio eradication campaign in Georgia in the 1950s. In the 1950s, 20,000 cases of polio occurred ... Polio eradication campaign in Georgia in the 1950s. In the 1950s, 20,000 cases of polio occurred ...
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library