1-If the price of beef rose and the demand for chicken increased, then beef and chicken are

A.Inferior goods

B.Complementary goods

C.Substitute goods

D.Public goods

2-The next three questions describe a scenario in which demand or supply curves may be affected.As used here, "scenario" means "event".The following three questions relate to this scenario: Cell phones are in widespread use.In addition to functioning as a phone, cell phones function as a clock.As a result, American consumers are becoming less interested in purchasing wrist watchesthey are using cell phones for time information.The next three questions address the market for WATCHES not cell phones.What happens when the wearing of wrist watches becomes LESS fashionable among consumers?

Which curve (for watches) is affected by this scenario?

A.The SUPPLY curve for wrist watches

B.The DEMAND curve for wrist watches

C.NEITHER curve for wrist watches is affected by this

3-Cell phones are in widespread use.In addition to functioning as a phone, cell phones function as a clock.As a result, American consumers are becoming less interested in purchasing wrist watchesthey are using cell phones for time information.What happens when the wearing of wrist watches becomes LESS fashionable among consumers?What is the effect of this scenario on the EQUILIBRIUM PRICE of wrist watches?

A.Equilibrium price of watches will DECREASE as a result

B.Equilibrium price of watches will INCREASE as a result

C.Equilibrium price of watches will REMAIN THE SAME

4-Cell phones are in widespread use.In addition to functioning as a phone, cell phones function as a clock.As a result, American consumers are becoming less interested in purchasing wrist watchesthey are using cell phones for time information.What happens when the wearing of wrist watches becomes LESS fashionable among consumers?What is the effect of this scenario on the EQUILIBRIUM QUANTITY of wrist watches?

A.Equilibrium quantity of watches will DECREASE as a result

B.Equilibrium quantity of watches will INCREASE as a result

C.Equilibrium quantity of watches will REMAIN THE SAME

5-Printers andink cartridgesare

A.Substitutes

B.Compliments (note the spelling)

C.Complements (note the spelling)