Top Posters
Since Sunday
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
e
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
insherro insherro
wrote...
Go to Answer
Posts: 671
Rep: 5 0
7 years ago
Assume the supply function for good X can be written as Qs = -100 + 27Px - 5Py - 1.8W, where Px = the price of X, Py = the price of good Y, and W = Wage index for workers in industry X. According to this equation:
A) X and Y are substitutes in production.
B) X and Y are complements in production.
C) a decrease in wages would cause a decrease in the quantity supplied at each price.
D) each one unit increase in price causes quantity supplied to increase by 73 units.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 210 times
1 Reply
University of Ottawa - Economics for Managers
Replies
Answer verified by a subject expert
andyborziandyborzi
wrote...
#1
Posts: 449
Rep: 13 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

insherro Author
wrote...

7 years ago
Smart ... Thanks!
Starfiew
wrote...

Yesterday
this is exactly what I needed
Shassta22
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1210 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 861
  
 1113
  
 697
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: Where do you get your textbooks?