An increase in the price of a complement for product A would ?

Related Mcqs:

If a product is a vablen good ?

A. Demand is inversely related to income B. Demand is inversely related to price C. Demand is directly related to price D. Demand is inversely related to the price of substitutes...

Which of the following would decease aggregate demand ?

A. increase consumption B. increasing export revenue C. increased taxation revenue D. increased investment...

If the demand for coffee decreases as income decreases, coffee is ?

A. an inferior good B. a normal good C. a complementary good D. a substitute good...

If the cross elasticity of demand is -2 ?

A. The products are substitutes and demand is cross price elastic B. The products are substitutes and demand is cross price inelastic C. The products are complements and demand is cross price elastic D. The products are complements and demand is cross price inelastic...

The opportunity cost of a student is____________?

A. Course fees and rent B. A loan from the bank C. What the student could have earned in the best job available by not studying D. What the student will earn after graduation...