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Author Question: You are analyzing the demand for good X. Which of the following will result in a shift to the right ... (Read 24 times)

jake

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on: Jul 1, 2018
You are analyzing the demand for good X. Which of the following will result in a shift to the right of the demand curve for X?
 
  A) A decrease in the price of X
  B) An increase in the price of a good that is a complement to good X
  C) An increase in the price of a good that is a substitute for X
  D) all of the above

Question 2

In 1994, the Walt Disney Corporation ran a special promotion on tickets to Disneyland. Residents of southern California who lived near the amusement park were offered admission at the special price of 22.
 
  Other visitors to Disneyland were charged about 30. This practice is an example of: A) collusion.
  B) price discrimination.
  C) two-part tariff.
  D) bundling.
  E) tying.


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todom5090

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

C

Answer to Question 2

B


jake

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

EAN94

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

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