Business, 26.10.2019 04:43 harleyloveless2853

For each of the following shifts(a, b,c,& d) in the demand curve and associated price change of a complement or substitute item, explain whether the change in the price of the complement or substitute must have been an increase or a decrease.

a. a rise in the demand for a dashboard global-positioning-system device follows a change in the price of automobiles, which are complements.
b. a fall in the demand for e-book readers follows a change in the price of e-books, which are complements.
c. a rise in the demand for tablet devices follows a change in the price of ultrathin laptop computers, which are substitutes.
d. a fall in the demand for physical books follows a change in the price of e-books, which are substitutes.

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For each of the following shifts(a, b,c,& d) in the demand curve and associated price change of...

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