Multiple Choice
The number of satellite dishes increased by 50 per cent when the average monthly price of cable television increased by 10 per cent. Assuming that other factors are held constant, satellite dishes and cable television are classified as:
A) complements.
B) unrelated goods.
C) substitutes.
D) social goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The price elasticity of demand coefficient for
Q48: If a straight-line demand curve slopes down,
Q49: Narrbegin Exhibit 5.1 Demand curves <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2058/.jpg"
Q50: Narrbegin Exhibit 5.1 Demand curves <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2058/.jpg"
Q52: The short-run price elasticity of demand for
Q54: Narrbegin Exhibit 5.3 Supply and demand curves
Q55: Any downward-sloping straight line demand curve displays:<br>A)
Q56: Using the midpoint formula, what would be
Q57: The income elasticity of demand for shoes
Q58: The straight line demand curve represents the