If an Increase in the Supply of Good a Increases

question 55

Multiple Choice

If an increase in the supply of good A increases the demand for good B,then

• A)the cross elasticity of supply for good B with respect to the price of good A is positive.
• B)the elasticity of supply for good A is greater than 1.
• C)A and B are complements.
• D)A and B are substitutes.
• E)the demand for A is price elastic.

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Definitions:

IR Absorption

The process by which molecules absorb infrared radiation, used in spectroscopy to identify chemical compounds.

Ethyne

A hydrocarbon compound with the formula C2H2, known as acetylene, used as a fuel and a building block in organic synthesis.

Dipole Moment

A measure of the polarity of a chemical bond within a molecule, quantifying the separation of positive and negative charges in a molecule.

IR Spectrum

A graphical display of infrared light absorption by molecules, useful for identifying functional groups and chemical bonds.