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Author Question: If goods X and Y are substitutes and the price of X falls, all other things being equal, the demand ... (Read 65 times)

Facerro

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on: Oct 12, 2022

Question 1

If the price of tea falls and as a consequence the demand for sugar rises, then tea and sugar are
◦ luxury goods.
◦ substitute goods.
◦ complementary goods.
◦ independent goods.
◦ neutral goods.

Question 2

If goods X and Y are substitutes and the price of X falls, all other things being equal, the demand curve for Y will
◦ shift to the right.
◦ shift to the left.
◦ be indeterminate.
◦ not shift at all.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Facerro on Oct 12, 2022

kalimarie

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Reply #1 on: Oct 12, 2022
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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Facerro

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

kjohnson

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

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