An increase in the price of good X will be accompanied by a. a ...

[kellyjaisingh]

An increase in the price of good X will be accompanied by
 a. a shift in the market demand curve for good X.
  b. a shift in the market demand curve for good Y (a substitute for good X).
  c. a movement along the market demand curve for good X.
  d. Both b and c.

Question 2

Vertical relationships can increase profits through
 a. preventing firms from evading regulation
  b. eliminating a double-markup problem
  c. making the incentives of manufacturers and retailers unaligned
  d. preventing price discrimination

[blakcmamba]

Answer to Question 1

d

Answer to Question 2

b