Unformatted text preview: ”tumult“ Instructor: kolﬂtoom alkofahi Assignment: HW (3116-2 inane: 10:21:09 Come: Eco 2301-05
3 Time: 12:24 PM Book: Hubbard-'O'Brien: Mu‘oecouomics
i 2e 17 _ Consider the following pairs of items: a. shampoo and conditioner b. iPhones and earbuds
c. a laptop computer and a desktop computer d. beef and pork
6. air* travel and weed killer. Which of the pairs listed will have cross - price elasticity of zero? f £2 a and b only : NB (1 only ' n" c only since most people cannot do without computers none of the pairs listed l 8.
Good X (ioutl Y Good 2 I’m: Price
Price D1 DZ
Dz D1 Quanlll}' ()iiuntily Uturnt Refer to Figure 6 — 6. Identify the two goods which are complements. Good X and Good Y
V Good Y and Good 2 It is not possible to distinguish any relationship among Lhc goods. Good X and Good Z .—_-.-.“_-.,,,, .------——-...- ...
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- Fall '08
- dont know