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

Author Question: If a fall in the price of good A increases the quantity demanded of good B A) A and B are ... (Read 115 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 29, 2018
If a fall in the price of good A increases the quantity demanded of good B
 
  A) A and B are substitutes.
  B) A and B are complements.
  C) A is a substitute for B, but B is a complement to A.
  D) B is a substitute for A, but A is a complement to B.

Question 2

A perfectly competitive firm will operate and incur an economic loss in the short run if
 
  A) the loss is smaller than its total fixed costs.
  B) it knows it can recoup the loss in the long run.
  C) shareholders do not know about the loss.
  D) the loss can offset future profits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 29, 2018
:D TYSM

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
A good posture for practicing meditation is seated in a chair with the back upright and in ... A good posture for practicing meditation is seated in a chair with the back upright and in ...
Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ... Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ...
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library