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

Author Question: Suppose A and B are substitute goods. Other things being equal, the demand curve for A will shift to ... (Read 58 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
Suppose A and B are substitute goods. Other things being equal, the demand curve for A will shift to the right when the price of B goes down.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If X and Y are substitutes, the demand curve for X will shift to the right when the price of Y decreases.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Excellent

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
The titration curve of the buffer acetic acid (CH3COOH) The titration curve of the buffer acetic acid (CH3COOH)
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Drug A is more potent than Drugs B and C. Drugs A and C have equal efficacy because both drugs have ... Drug A is more potent than Drugs B and C. Drugs A and C have equal efficacy because both drugs have ...
How to vertically shift a sinusoidal function (y=a*sin⁡b(x−c)+d) How to vertically shift a sinusoidal function (y=a*sin⁡b(x−c)+d)
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library