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Author Question: When two goods are complements, a shock that lowers the price of one good causes the price of the ... (Read 121 times)

cool

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on: Jul 1, 2018
When two goods are complements, a shock that lowers the price of one good causes the price of the other good to
 
  A) remain unchanged.
  B) decrease.
  C) increase.
  D) change in an unpredictable manner.

Question 2

Suppose a market is currently at equilibrium. A leftward shift of the demand curve would cause
 
  A) an increase in price but a decrease in quantity.
  B) a decrease in price but an increase in quantity.
  C) an increase in both price and quantity.
  D) a decrease in both price and quantity.
Microeconomics ¦ Perloff ¦ 8th Edition
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nital

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cool

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

ryhom

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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