Multiple Choice
The number of computers bought increased by 20 percent when the price of on-line services declined by 10 percent. Assuming other factors are held constant, computers and on-line services are classified as:
A) complements.
B) unrelated goods.
C) substitutes.
D) social goods.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q48: If the federal government placed a 50
Q249: If the government wants to raise tax
Q251: Which of the following pairs is most
Q252: As the economy recovers from a recession,
Q253: A product would be more demand price
Q255: If the managers of the bus system
Q256: Exhibit 5-9 Supply and demand curves for
Q257: Price elasticity of demand is defined as
Q258: Exhibit 5-9 Supply and demand curves for
Q259: Exhibit 5-2 Price and quantity demanded