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Question: and b are complements and the cost of a factor...

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and B are complements and the cost of a factor of production used in the production decreases, then the price of of A 34) A) both A and B will fal в) A will fall and the price of Bwill rise. C) both A and B will rise. D) A will fall and the price of B will remain unchanged. E) A will rise and the price of B will fal. 35) The Genitus Software Company has developed with Einstein Computers. As a result, the equilibrium price of A) rival software packages falls leading to an overalil increase in the equilibrium an amazing new software package to be used only 35) these packages. B) Einstein computers rises, leading to a decrease in the equilbrium quantity C) all software packages rises. D) all computers rises. E) Einstein computers rises, accompanied by an increase in the equilibrium quantity. 36) When the price of good A rises, the supply curve of good B shifts rightward. Which of the following 36) statements are true? A) A and B are substitutes. B) A and B are complements. C) A is a factor used in the production of B. D) A and B are complements in production. E) A and B are substitutes in production. e figure below to answer the following questions Table 35.2 Demand and Supply Schedules for Cups of Coffee each day at CoolU Quantity Demanded Quantity Supplied (dollars per cup) (ups of coffee per day) (cups of coffee per day) 0.70 0.80 0.90 1.00 1.10 1.20 1.30 1.40 1.50 1,100 1,000 200 600 800 1,000 1,200 1,400 1,600 800 37) Refer to Table 3.5.2. Professor Hyper publishes a new study, showing that coffee raises the test students. Students double their demand for coffee and the quantity of coffee performance of demanded at each price doubles. In the supply of coffee is cut in half. The new equilibrium price is quantity iscups a day addition, a premature frost destroys half the coffee trees and and the D) 1.10; 400 E) 1.50, 400. C) 1.10;1,600 B)1.50; 800 A) 1.10; 800
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