This topic contains a solution. Click here to go to the answer

Author Question: Ham and eggs are complements. If the price of ham rises, the demand for eggs will A) increase or ... (Read 254 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
Ham and eggs are complements. If the price of ham rises, the demand for eggs will
 
  A) increase or decrease but the demand curve for ham will not change.
  B) decrease and the demand curve for ham will shift rightward.
  C) not change but there will be a movement along the demand curve for eggs.
  D) decrease and the demand curve for eggs will shift leftward.

Question 2

Which is the most likely effect upon the market for cotton of a significant improvement in the quality of synthetic textiles?
 
  A) A decrease in demand and hence a decrease in both the price of cotton and the quantity exchanged.
  B) A decrease in demand and hence a decrease in the price of cotton and an increase in the quantity exchanged.
  C) A decrease in demand and hence an increase in the price of cotton and a decrease in the quantity exchanged.
  D) A decrease in both demand and supply and hence a decline in the quantity exchanged but no predictable change in the price of cotton.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

D

Answer to Question 2

A




burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Excellent


cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library