Multiple Choice
As a result of a decrease in the price of a complement to your firm's product, you should anticipate a________ price for your product than the current equilibrium price and a _________ equilibrium quantity than the current equilibrium quantity.
A) higher; higher
B) higher; lower
C) lower; higher
D) lower; lower
Correct Answer:
Verified
Related Questions
Q184: Q185: As a result of a technology advance
