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Author Question: Suppose that X and Y are complementary goods. If the price of good X decreases, we can expect the: ... (Read 80 times)

tichca

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on: Jun 30, 2018
Suppose that X and Y are complementary goods. If the price of good X decreases, we can expect the:
 a. demand for good X to increase.
  b. quantity demanded of good Y to decrease.
  c. quantity demanded of good Y to increase.
  d. demand for good Y to decrease.
  e. demand for good Y to increase.

Question 2

Two goods that are complementary are:
 a. wrapping paper and scotch tape.
  b. letter and fax.
  c. beef and chicken.
  d. bicycle and motorcycle.
  e. Coke and Pepsi.


bdobbins

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

e

Answer to Question 2

a


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tichca

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Reply #2 on: Jun 30, 2018
Thank you :)


bdobbins

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Reply #3 on: Jun 30, 2018
Happy to help you


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