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Author Question: If the dollar depreciates against the euro it means that French-made goods become more expensive in ... (Read 55 times)

bclement10

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on: Jun 29, 2018
If the dollar depreciates against the euro it means that French-made goods become more expensive in the United States.
 
  Indicate whether the statement is true or false

Question 2

Computers are a complement to computer software. Suppose the price of a computer falls. How does this fall in price affect the demand for computer software and the demand curve for computer software?
 
  What will be an ideal response?


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k2629

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

The fall in the price of a complement increases the demand for a product. Hence the fall in the price of a computer increases the demand for computer software and shifts the demand curve for computer software rightward.


bclement10

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ryhom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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