62) If an increase in the price of blue jeans leads to a decrease in the demand for tennis shoes, then blue jeans and tennis shoes are

complements.

inferior goods.

normal goods

none of these answers

Answer is:

complements.

increases the supply of that good

decreases the quantity demanded for that good along its demand curve

decreases the demand for that good.

increases the quantity supplied of that good along its supply curve

Answer is:

increases the quantity supplied of that good along its supply curve

increases the supply of that good.

decreases the demand for that good.

decreases the quantity demanded for that good along its demand curve.

Answer is:

a normal good.

an inferior good.

a substitute good.

a complementary good.

Answer is:

the marginal cost of providing ice cream cones increases as more cones are produced.

as the price of ice cream cones increases, the production technology is upgraded.

as the price increases, the opportunity cost of making ice cream cones decreases

all of the above

Answer is: