A decline in the price of resource A will
A. shift the demand curve for A to the right.
B. shift the demand curve for A to the left.
C. reduce the demand for complementary resource B.
D. increase the demand for complementary resource B.
Answer: D
Economics
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What happens to the equilibrium price when supply goes down?
A. the price stays the same B. the prices goes up C. the price goes up, and then goes down D. the price goes down
Economics
What were the two basic means of control by government as substitute for, or to supplements to, market forces in monopolized industries?
What will be an ideal response?
Economics