Demand for a good will always rise when:
A) the price of a complementary good falls.
B) the price of a substitute good falls.
C) tastes change.
D) incomes decrease.
E) the price of the good falls.
Correct Answer:
Verified
Q70: If the price of potato chips increases,
Q146: Assuming gasoline and oil to be complementary
Q147: Which of the following would lead to
Q148: Other things being equal, the effects of
Q149: Assuming coffee and tea are substitutes, a
Q150: Assuming DVDs and DVD players are complements,
Q152: Which of the following pairs is the
Q153: Assume that eggnog and cookies are complements.
Q155: Assume that crackers and soup are complementary
Q156: If two goods are complementary, a(n):
A) decrease
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents