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

Author Question: Ham and eggs are complements. If the price of ham rises, the demand for eggs will A) increase or ... (Read 214 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Wow, this really help

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ... Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ...
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Breakfast eggs with avocado Breakfast eggs with avocado
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Skin Cancer

For a complete list of videos, visit our video library