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Q12 (1 point). Suppose Watcom can use their mineral water resources and facilities to produce and produce either sports drinks or plain bottled mineral water.

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Q12 (1 point). Suppose Watcom can use their mineral water resources and facilities to produce and produce either sports drinks or plain bottled mineral water. Then sports drinks and plain bottled mineral water are called O complements in consumption. O substitutes in consumption. O complements in production. O substitutes in production. Q13 (1 point). Refer to the table entitled, "Demand and Supply of Football tickets". Given this information, we can conclude that the equilibrium price (per football ticket) and the equilibrium quantity of tickets will be and respectively. O $35; 21,000 O $30; 22,000 O $25; 20,000 O $20; 26000 Table: Demand and Supply of Football Tickets Price/ticket QD Q . (in $) (in 1000's) (in 1000's) 10 30 14 15 28 16 20 26 18 25 25 20 30 22 22 35 21 23

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