Dooo 11. If two goods are complements,this means that a rise in the priceof one commodity will induceA. O An upward shift in demand for theother commodityB. O A rise in the price of the othercommodityC. O A downward shift in demand forthe other commodityD. O No shift in the demand for theother commodity

Complementary goods are those goods which can be consumed together. If one goods consumption…

11. If two goods are complements, this means that a rise in the price of one commodity will induce A. O An upward shift in demand for the other commodity В. A rise in the price of the other commodity A downward shift in demand for the other commodity С. D. O No shift in the demand for the other commodity

11. If two goods are complements, this means that a rise in the price of one commodity will induce A. O An upward shift in demand for the other commodity В. A rise in the price of the other commodity A downward shift in demand for the other commodity С. D. O No shift in the demand for the other commodity

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 11RQ: As a general rule, is it safe to assume that a change in the price of a good will always have its...

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MCQ QUESTION! may i ask how did u get the answer?
tion Refer to the information provided in Figure 3.13 below to answer the questions that follow. S2 at of B D2 D Hamburgers per month Hamburgers per month Figure 3.13 Refer to Figure 3.13. Assume hamburgers and hot dogs are substitutes. A decrease in the price of hot dogs will cause a movement from Select one: O a. Point F to Point G. b. Di to D2. O c. Point A to Point B. O d. D2 to D1- Price per hamburger Price per hamburger