--%>
Assignment Help - homework help

Complementary Goods-Decreasing price of goods

A reduction in the price of vanilla ice-cream is likely to raise the demand for: (i) Chocolate syrup. (ii) Yogurt. (iii) Watermelon. (iv) Cookies (v) Textbooks.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Determine output by profit maximization

    LoCalLoCarbo that is the favorite corporation of fad dieters maximizes profit by making: (1) output q1 . (2) output q2 . (3) output q3 . (4) output q4 . (5) output q5 .

    Q : What makes goods or resources valuable

    Can someone help me in finding out the precise answer from the given options. Modifying the goods or resources in manners that make them more valuable is: (1) Production. (2) Profitability. (3) Consumption. (4) Distribution.

    		•
  • Q : Output level at demand in a

    Babble-On maintains world-wide patents for software which translates any of 314 spoken languages within text, with automatic audio and text translations in any of the other three-hundred-thirteen languages. Babble-On will never intentionally produce as well as sell vo

    		•
  • Q : Price equality with marginal costs It

    It is not possible for a nondiscriminating, that profit maximizing monopolist to attain equilibrium where MR = MC as well as: (w) economic profit = 0. (x) economic profit is negative. (yz marginal costs are at the minimum of average costs [MC = ATC].

    		•
  • Q : Accumulation of Capital in Market

    The individuals who eventually enable accumulation of capital into a market economy are: (1) consumers. (2) firms. (3) government. (4) savers. (5) capitalists. How can I solve my Economics problem?

    		•
  • Q : Case of heroin in public policies When

    When heroin were legalized in that case: (w) its price would fall and fewer addicts would connect in crime to support their habits. (x) the attractiveness of becoming a supplier would increase. (y) more people might experiment along with the drug since the price is re

    		•
  • Q : Annual economic profit When point e

    When point e corresponds to $9 per copy for Silver Screen DVDs, Nostalgia Corporation can produce annual economic profit of at mostly about: (i) $25 million. (ii) $35 million. (iii) $50 million. (iv) $75 million. (v) $100 million.

    Q : Price cross-elasticities of demand When

    When the price of thermal underwear is increased from $12 to $18 per pair, because of the quantity of cross country snow skis to decline by 1,200 to 800 pairs annual, such goods are ____ and the price cross elasticity of demand equiva

    		•
  • Q : Maximizing profit regardless magnitude

    Assume that Monsieur Cournot cannot price discriminate although is intent on maximizing profit. Apart from of the magnitude of variable costs, Cournot would certainly not try to sell: (w) the output corresponding to p

    		•
  • Q : Problem on volatility of prices Can

    Can someone help me in finding out the right answer from the given options. In long run, the activities of successful speculators tend to: (i) Decrease the volatility of prices. (ii) Attract legal attention resultant in imprisonment. (iii) Raise the level and volatili

    		•