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The demand of a good decreases when the price of a substitute and also decreases when price of a complement o increases; increases O decreases; decreases decreases; increases O increases; decreases 09 (1 point)

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The demand of a good decreases when the price of a substitute and also decreases when price of a complement o increases; increases O decreases; decreases decreases; increases O increases; decreases 09 (1 point). If it is expected that in future, the price of commodity X will go up, then the current demand of X will will and the current quantity demanded of X O remain the same, decrease O decrease, decrease O increase, increase O remain the same, increase increase, remain the same Q10 (1 point). Which of the following is true? • For an inferior good, when income increases, the demand curve shifts leftward. O The demand curve for a good shifts leftward when the price of a substitute rises. If consumers expect the price of a good will rise in the future, the demand curve shifts leftward. O An increase in population shifts the demand curve for most goods leftward. Q11 (1 point). Suppose products X and Y are substitutes in production. If the demand for product Y increases, the supply of X will o increase decrease O not be affected Activate Windows Go to Settings to activate Windows.
Q4 (1 point). If a point lies below the PPF, then it is always possible to • Increase the production of one good while keeping the same amount of the other good, Increase the production of both goods, O Use resources and technology in a more technically efficient way, O All of the above.