Author Question: Which of the following pairs of goods are NOT complements? A) Hockey sticks and hockey pucks B) ... (Read 163 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
Which of the following pairs of goods are NOT complements?
 
  A) Hockey sticks and hockey pucks
  B) Computer CPUs and computer monitors
  C) On-campus student housing and off-campus rental apartments
  D) all of the above
  E) none of the above

Question 2

Coffee and donuts are complements in consumption. Suppose the economy expands so that consumer income increases, and coffee is a normal good.
 
  What impact does this change in the coffee market have on the donut market under a general equilibrium analysis? A) Donut demand shifts rightward and donut price and quantity increase
  B) Donut demand shifts rightward, donut price increases, and donut quantity declines
  C) Donut demand shifts leftward, donut price declines, and donut quantity increases
  D) Donut demand shifts leftward and donut price and quantity decline



lin77x

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library