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Author Question: Suppose we observe that the demand for eggs increases when people buy more potatoes. We can conclude ... (Read 96 times)

abern

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Suppose we observe that the demand for eggs increases when people buy more potatoes. We can conclude that eggs and potatoes are
 
  A) inferior goods.
  B) normal goods.
  C) complements.
  D) substitutes.

Question 2

If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the
 
  A) market clearing price will increase.
  B) market clearing price will decrease.
  C) equilibrium quantity will increase.
  D) equilibrium quantity will decrease.



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akudia

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Answer to Question 1

C

Answer to Question 2

C




abern

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Reply 2 on: Jun 29, 2018
Excellent


miss_1456@hotmail.com

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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