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Kindly solve it before 4:50 pm. Batteries and watches are complementary goods, an increase in the price watches, will decrease the demand for batteries. *

Kindly solve it before 4:50 pm.

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Batteries and watches are complementary goods, an increase in the price watches, will decrease the demand for batteries. * The property of equity means, that all members of the society should have * 0 Equal share in economic pie 0 an opportunity to increase their share in the economic pie. 0 Fair share in economic pie When price of a good increases, there is * O Rightward shift in its demand 0 Downward shift in its demand 0 Upward movement along the demand curve 0 Downward movement along the demand curve. If technology for the production of a good improves * O demand curve shifts to the right 0 Supply will increase 0 Demand will decrease. An increase in the price of steel, will decrease the demand for cars * If an increase in demand for jeans leads to an increase in demand for joggers. then jeans and joggers are * O Substitutes O Complementary O Normalgoods O Inferior goods

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