1. Suppose the demand function for good A is given by: Q subscript A = 300 - 2 p subscript A + 3 p subscript B, where p subscript A is the price of good A and p subscript B is the price of good B. Goods A and B are best described as: A. Substitutes B. Complements C. Elastic D. We require more information to answer

2. Which of the following changes will shift the supply curve? A. A decrease in consumer incomes B. An increase in the cost of a production input C. An increase in the price of a complementary good D. An increase in the number of consumers