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

Author Question: If two goods are substitutes, then A) an increase in the price of one causes the demand for the ... (Read 26 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
If two goods are substitutes, then
 
  A) an increase in the price of one causes the demand for the other to fall.
  B) there is an inverse relationship between changes in the price of one good and changes in the demand for the other.
  C) if the price of one good falls, the demand for the other good falls also.
  D) changes in the quantity demanded of one good will not affect the demand for the other.

Question 2

Who is considered officially unemployed?
 
  A) Six months after failing to get a job, Abba quit looking.
  B) Monica graduated from college last summer but is still unemployed despite her spirited search.
  C) Kariuki is a retired teacher.
  D) Chen is going to school full time.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


lindiwe

  • Member
  • Posts: 577
Reply 2 on: Jun 29, 2018
:D TYSM

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
Gossip and ridicule increase the status insecurity of this time of life. Gossip and ridicule increase the status insecurity of this time of life.
Increase in rainfall on continents Increase in rainfall on continents
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Neuron Type Animation

For a complete list of videos, visit our video library