Multiple Choice
Assume that computers and software are complements.If the ____________ computers decreases,the price of computers will _______ and the demand for software will _____________,ceteris paribus.
A) supply of; rise; decrease
B) demand for; rise; decrease
C) demand for; fall; increase
D) demand for; rise; increase
E) supply of; fall,increase
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which of the following will not shift
Q3: If the supply curve and the demand
Q4: On a supply-and-demand diagram,consider a price for
Q5: Supply curves are usually upward sloping.
Q6: One reason that helps to explain the
Q8: The law of diminishing marginal utility helps
Q9: At a price above the equilibrium price,there
Q10: In the supply-and-demand diagram of the market
Q11: Demand takes into account goods,but not services.
Q12: Consumers' surplus is the difference between the