« previous next »

Author Question: Suppose that X and Y are complementary goods. If the price of good X decreases, we can expect the: ... (Read 93 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
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

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

tichca

  • Hero Member
  • *****
  • Posts: 554
Reply #2 on: Jun 30, 2018
Thank you :)


bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

onions taste good onions taste good
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library