Author Question: Because new plastic and recycled plastic are substitutes, as the price of newly produced plastic ... (Read 295 times)

kshipps

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Because new plastic and recycled plastic are substitutes, as the price of newly produced plastic decreases
 
  A) the demand curve for recycled plastic shifts to the left.
  B) there is a movement up along the demand curve for recycled plastic.
  C) there is a movement down along the demand curve for recycled plastic.
  D) the demand curve for recycled plastic shifts to the right.

Question 2

If a brewery wants to raise funds to purchase a new fermenting vat, it does so in the
 
  A) alcoholic beverages market. B) output market.
  C) factor market. D) product market.


Andromeda18

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Answer to Question 1

A

Answer to Question 2

C



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