In the above figure, a price of 35 per dozen would result in ...

[LCritchfi]

In the above figure, a price of 35 per dozen would result in
 
  A) a shortage.
  B) equilibrium.
  C) a surplus.
  D) upward pressure on prices.

Question 2

If a 5 percent increase in the price of good A leads to a 4 percent decrease in the demand for good B, then ________.
 
  A) the goods are substitutes
  B) only one good is a normal good
  C) the goods are complements
  D) both goods are normal goods

[vish98]

Answer to Question 1

C

Answer to Question 2

C

[LCritchfi]

TYSM

[ultraflyy23]

Excellent