Answer:
C. Beer and Marijuana are complementary goods
Explanation:
Since an increase in the price of beer is reducing the demand for marijuana this means that people were buying both at a time, now that the price of beer is higher they cannot afford both so are buying beer only. Therefore we can say that Beer and Marijuana are complementary goods.
If the increase in beer price led to an increase in Marijuana demand, then that would make them substitute goods since people are <u><em>substituting</em></u> one vice for another cheaper one.
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Explanation:
Iron has many uses but as far its chemical properties and the given options are concerned, following uses of iron are due to its chemical properties:
* When iron is put into fire, it produces sparks which are colored, which are not produced by mostly metals. Its purely because of the chemical properties it possess.
* When iron is placed in the water and oxygen, it rusts. When we place iron outside in the open air, when it is thrown some water, after few days you will see that iron has started rusting. This process is purely depends on the iron's chemical properties.
Answer:
False
Explanation:
The production of an item is not going through the consumers, but instead through the producers. The consumers are the ones that buy the products, while the producers are the ones that produce the products. In order to know how much should they produce, the producers rely on the market demand schedules. Through them, the producers are aware of how much is demanded, so that they can produce the right amount, and not come in a situation to have less products on the market, or too much products on the market.
Answer:
B: Parts could be used for different machines
Explanation: