Match what happens to the demand curve as the price of related goods change.💡 试试双击题目文字 PromptsAnswersQuestion 7Prompt1The price of a substitute increasesSelect match[input] Question 7Prompt2the price of a complementary good increases.Select match[input]

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BlackTom AI · Accepted Answer

Topic at hand: matching how the demand curve responds when the price of related goods changes. There are two prompts to consider, each linking a change in the price of another good to a movement in the demand curve of the target good.

Prompt 1: The price of a substitute increases → Demand curve shifts right.
- Why this makes sense: Substitutes are goods that can replace each other. If the price of one substitute goes up, consumers are more inclined to switch to the other substitute, increasing the quantity demanded of the target good at every price. That rise in quantity demanded across prices is represented as a rightward shift of the demand curve.

Prompt 2: The price of a complementary good increases → Demand curve shifts left.
- Why this makes sense: Complements are goods often used together. If the price of a complementary good rises, fewer people will buy both goods together, which lowers the quantity demanded of the target good at each price. This reduced willingness to purchase the target good when the complement’s price is higher translates into a leftward shift of the demand curve.

Note on the provided setup: The two prompts are asking you to pair each situation with the corresponding movement of the demand curve. The given answers link the first scenario to a rightward shift and the second scenario to a leftward shift, which aligns with standard economic intuition about substitutes and complements. The prompt structure here does not present selectable options, so the interpretation focuses on correctly mapping each scenario to the appropriate demand shift direction. If additional context or options were provided, you would apply the same reasoning to determine which label matches each scenario.

Fall 2025 Principles of Macroeconomics (ECONO-2201-NET10) Chapter 3 Assignment 1 of 2 Fall 2025 Principles of Macroeconomics (ECONO-2201-NET10) Chapter 3 Assignment 1 of 2

Match what happens to the demand curve as the price of related goods change.💡 试试双击题目文字 PromptsAnswersQuestion 7Prompt1The price of a substitute increasesSelect match[input] Question 7Prompt2the price of a complementary good increases.Select match[input]

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Match what happens to the demand curve as the price of related goods change. PromptsAnswersQuestion 7Prompt1The price of a substitute increasesSelect match[input] Question 7Prompt2the price of a complementary good increases.Select match[input]

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