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Author Question: Suppose A and B are substitute goods. Other things being equal, the demand curve for A will shift to ... (Read 65 times)

cnetterville

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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


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kardosa007

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


cnetterville

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cpetit11

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

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