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A.3.4.3 Teaching Quiz

A.3.4.3 Teaching Quiz

Q Question 1 1 / 1 pts Which of the following pairs are not considered to be complementary goods? Question 2 1 / 1 pts Suppose that goods A and B are close substitutes. If the price of good A falls, then we would expect an: Question 3 1 / 1 pts An increase in the price of product B leads to an increase in the demand for product C. This indicates that products B and C are: Question 4 1 / 1 pts If the price of Pepsi decreases, other factors constant, then we'd expect to see a consequent shift of the demand curve for: Question 5 1 / 1 pts Assume that the graphs show a competitive market for the product stated in the question. Select the graph above that best shows the change in the market specified in the following situation: In the market for chicken, when the price of a substitute, such as beef, decreases.

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