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The next 2 questions rely on the following information. Two goods, A and B, trade in competitive markets. Their supply and demand equations are: Q%
The next 2 questions rely on the following information. Two goods, A and B, trade in competitive markets. Their supply and demand equations are: Q% = PA A = 100 - PA + PB Q% = 2PB - 10 B = 200 - 3.5PB + PA 8. From this information we can ascertain that A and B are (a) Substitutes (b) Complements (c) Inferior (d) None of the above
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