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Author Question: Mary decreases her consumption of Good X after the price of Good Y decreased. For Mary A) Good X ... (Read 531 times)

imanialler

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on: Jun 29, 2018
Mary decreases her consumption of Good X after the price of Good Y decreased. For Mary
 
  A) Good X and Good Y are substitutes.
  B) Good X and Good Y are complements.
  C) Good X is an inferior good.
  D) Good Y is an inferior good.

Question 2

Which rationing system leads to the most efficient use of available resources?
 
  A) free market
  B) physical force
  C) first come, first served
  D) random assignment


ju

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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