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11 g lind.eygmgory My Media ePortfolio ODA UCO Principles Of Microeconomics -211

ID: 1149157 • Letter: 1

Question

11 g lind.eygmgory My Media ePortfolio ODA UCO Principles Of Microeconomics -21143.201820 COURSE HOME CONTENT RESOURCES COMMUNICAT ON ASSESSMENTS Homework C4 . all Time Left: 1.55.58 lindsey gregory Atempt 2 Question 1 (1 point) Figure 4-8 Price 9 10 14 15 19 20 Refer to Figure 4-8. Suppose the figure shows the market demand for laptop computers. Suppose the price of wireless keyboards, a complementary good, increases. Which of the following changes would occur? amovement along D2 from point A to point B a movement along D2 from point B to point A a shift from D1 to D2 a shift from D2 to DI FS 10

Explanation / Answer

Solution: a shift from D1 to D2

Explanation: A complementary good is used in conjunction with another good thus it's demand is decreased when the price of another good is increased