Which of the following would not be considered a complementary product/service to a car?
Gasoline to run the car.
auto insurance
the purchase price of the car
auto financing services
If there is advancement in the production technology used to make headphones and production costs fell significantly, this should cause which of the following changes in the headphones market?
higher profits for producers and an increase in supply
higher consumer demand
lower profits for producers and an decrease in supply
lower consumer demand
Which of the following would not change the supply of a particular good?
Changes in production technology
Changes in consumer population
Changes in the prices of other goods that can be produced by the same firms
Changes in producer expectations about future price movements.
Which of the following would not be considered a complementary product/service to a car?
Gasoline to run the car. | |||||||||||||||||
auto insurance | |||||||||||||||||
the purchase price of the car | |||||||||||||||||
auto financing services If there is advancement in the production technology used to make headphones and production costs fell significantly, this should cause which of the following changes in the headphones market?
|