This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements about gold jewelry and round-trip bus tickets to Bismarck, North ... (Read 29 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
Which of the following statements about gold jewelry and round-trip bus tickets to Bismarck, North Dakota, is most likely to be correct?
 a. They are both inferior goods.
  b. Their demand curves probably are quite similar.
  c. They are complements.
  d. They are substitutes.
  e. They are unrelated.

Question 2

An increase in the demand for peanut butter could be caused by a(n)
 a. decrease in consumer income
  b. increase in the supply of peanut butter
  c. decrease in the price of bread
  d. drought in Georgia that destroyed 30 percent of the peanut crop
  e. decrease in the price of bologna



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

E

Answer to Question 2

C





 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library