Question 42
MediumOriginal questionThe price of printers falls sharply. Other things the same, the demand for printer ink
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Printers and ink are complements: cheaper printers mean more printers in use.
So more ink is demanded at every ink price: an increase in demand.
- Concept
- Complement's price fall
- Typical timeTypical
- 70 s
- Your timeYours
- —
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