If two goods are complements, a fall in the price of one will lead to an increase in demand for the other.
a. true
b. false
Ans: a. true
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If the interest rate were 12.5 percent, how much would people be willing to pay for a stock that was certain to yield a $20 per share stream of net earnings continuously in the future?
a. $20 b. $25 c. $160 d. $250
If the social value of producing robots is greater than the private value of producing robots, the private market produces too few robots
a. True b. False Indicate whether the statement is true or false
Suppose a boom in stock market prices helps make people feel wealthier. Using the model of aggregate demand and aggregate supply, identify the curves that are affected, and which way these curves would shift
When electronic digital wristwatches were first introduced in 1972 they were priced at $2,100. If the CPI in 1972 was 42 and the CPI in 2019 is 275, then this price is equivalent to approximately ______________________in 2019 dollars.
A. $20,950 B. $11,650 C. $13,750 D. $245 $321