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Author Question: The law of supply states that an increase in supply is represented graphically as a rightward shift ... (Read 86 times)

bobypop

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on: Jun 30, 2018
The law of supply states that an increase in supply is represented graphically as a rightward shift of the supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If X and Y are complementary goods, the demand curve for X will shift to the right when the price of Y increases.
 a. True
  b. False
  Indicate whether the statement is true or false


cdmart10

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

True

Answer to Question 2

False


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