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Author Question: Which of the following pairs of goods are NOT complements? A) Hockey sticks and hockey pucks B) ... (Read 158 times)

KWilfred

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on: Jul 1, 2018
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

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


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