## Question

###### Suppose the price of a complement to LCD televisions rises. What effect will this have on...

Suppose the price of a complement to LCD televisions rises. What effect will this have on the market equilibrium for LCD TVs The equilibrium price of LCD TVs will O A decrease and the equilibrium quantity will decrease O B. decrease and the equilibrium quantity will increase C. Increase and the equilibrium quantity will decrease OD. not change and the equilibrium quantity will not change O E. Increase and the equilibrium quantity will increase

## Answers

Ans) the correct option is a) decrease and the equilibrium quantity will decrease

When the price of a complement rises, the demand for the good decreases so price and quantity decrease.

#### Similar Solved Questions

1 answers

##### 2 kg of air, initially at 5 bar, 350 K and 4 Kg of carbon monoxide initially at 2 bar, 450 K are confined to opposite sides of a rigid, well insulated container

2 kg of air, initially at 5 bar, 350 K and 4 Kg of carbon monoxide initially at 2 bar, 450 K are confined to opposite sides of a rigid, well insulated container. The partition is free to move and allows conduction from one gas to the other without energy storage in the partition itself. The air and ...

1 answers

##### M 17-1 Journal Entries, Closing Entries, and Trial Balance LOS The general ledger trial balance of...

M 17-1 Journal Entries, Closing Entries, and Trial Balance LOS The general ledger trial balance of the General Fund of the City of Bedford on January 1, 2015, shows the following: Cash S100,000 Taxes Receivable 75.000 Allowance for Uncollectible Taxes $ 35.000 Fund Balance-Assigned (encumbrances fro...

1 answers

##### CX Enterprises as the lowing expected be more than 132 and so on C's $19 in...

CX Enterprises as the lowing expected be more than 132 and so on C's $19 in one year $1.25iny a and in the years. Aner at cost of capitis what the current price of its stock? de r weted logo per year forever so that year's dividend w The price of the wo n de nt)...

1 answers

##### System Disorder for Hypercholesterolemia 1. Alterations in health(Diagnosis)? 2. Patho related to the pts problem? 3....

System Disorder for Hypercholesterolemia 1. Alterations in health(Diagnosis)? 2. Patho related to the pts problem? 3. Health Promotion and Disease Prevention? 4. Risk Factors and Expected Findings? 5. Laboratory Testing? 6. Diagnostic and therapeutic procedures? 7. Nursing Care? 8. Client Education?...

1 answers

##### Fresh Bouquet Enterprise is a local organic fertilizer distributor for flower nurseries around Malacca and Johor....

Fresh Bouquet Enterprise is a local organic fertilizer distributor for flower nurseries around Malacca and Johor. The company has the following opening balances for the month of August 2019. Account RM Bank 25,000 (debit) Inventories 5,300 (debit) Accounts Receivable 7,200 (debit) Accounts Payable (...

1 answers

##### Score: 0 of 1 pt Of 2.1.35 For the piecewise function, find the values g(0), g(4),...

Score: 0 of 1 pt Of 2.1.35 For the piecewise function, find the values g(0), g(4), and g(6). x+7for xs4 g(x) = , 5-x, for x> 4 g(0)-...

1 answers

##### A roast turkey is taken from an oven when its temperature has reached 185°F and is...

A roast turkey is taken from an oven when its temperature has reached 185°F and is placed on a table in a room where the temperature is 75°F (Round your answer to the nearest whole number.) (a) If the temperature of the turkey is 150°F after half an hour, what is the temperature after 50...

1 answers

##### 40. magnetic in Figure 22.56 can be used to measure field strength. The field is uniform,...

40. magnetic in Figure 22.56 can be used to measure field strength. The field is uniform, and the plane of the loop is perpendicular to the field. (a) What is the direction of the magnetic force on the loop? - k-hat Your last answer was interpreted as follows: - k-hat (b) If a current of 5.4000E - 1...

1 answers

##### 0. For n E N, n > 1, let s, be defined by 8. *Let s1...

0. For n E N, n > 1, let s, be defined by 8. *Let s1 1 +S2m 2 S2m-1 S2m+1 $2m 2 Find lim s, and lim s,....

1 answers

##### Given the equation Q equals Q sub zero times e to the quantity negative t over R C, rearrange the equation to solve for t?

Given the equation Q equals Q sub zero times e to the quantity negative t over R C, rearrange the equation to solve for t?...

1 answers

##### 3. The nameplate of a Y-connected synchronous motor has the following information. Hp 20,000, RPM 1800,...

3. The nameplate of a Y-connected synchronous motor has the following information. Hp 20,000, RPM 1800, PF 1.0 Volts 6600, Ampere 1350, Phase 3, Frequency 60 The per-unit reactance Excitation voltage 120, Amp 5.5 is X, = 0.95, and the per-unit resistance is R = 0.012 A. Determine X, and R, in ohms. ...

1 answers

##### Assume that the heights of women are normally distributed with a mean of 63.3 inches and a standard deviation of 2.5 inches. Seventy five women are randomly selected. What is the mean of the sample means?

What is the standard deviation of the sample means?...

1 answers

##### Please answer and explain Question 20 (5 points) You have been sued. If you lose the...

please answer and explain Question 20 (5 points) You have been sued. If you lose the case, you will have to pay $10,000 three years from now. If you win the case, you will not pay anything. You estimate the likelihood that you will lose the case to be 70%. The risk-free rate is 5%. An advisor sugge...

1 answers

##### Give an example to illustrate each of the following: (a) constant opportunity costs and (b) increasing...

Give an example to illustrate each of the following: (a) constant opportunity costs and (b) increasing opportunity costs. With at least 100 words...

1 answers

##### 15 marks) ) A rectangular wave pulse is traveling to the right on a string as shown in gure If the string-2 is twice as heavy (per unit length) as string-1, and the knot joining them is massless, the...

15 marks) ) A rectangular wave pulse is traveling to the right on a string as shown in gure If the string-2 is twice as heavy (per unit length) as string-1, and the knot joining them is massless, then calculate the length and height 151 of the reflected aud transmitted waves, and show the on the fig...

1 answers

##### In generic terms, what are the typical sources of defects? Give examples of each.

In generic terms, what are the typical sources of defects? Give examples of each....

1 answers

##### Need help....Please read the information very carefully!!!!! The following information about the payroll for the week...

Need help....Please read the information very carefully!!!!! The following information about the payroll for the week anded December 20 was obtained from the records Co: ember 30 was obtained from the records of Boltz Salaries: Deductions: Sales salaries S335,000 Income tax withheld $116,800 ...