58 669
Assignments Done
Successfully Done
In March 2018
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Microeconomics Question for anne gulati

Question #15448
when the price of cars rises, what will be the effect on the equilibrium price and quantity of a)tires
b)bus tickets
Expert's answer
a) when the price of cars rises, there is a reduction of car's demand, demand for the accompanying goods (tires) decreases too, so price and
quantity of tires decreases.
b) when the price of cars rises, the is a reduction of car's demand, more people buy bus tickets because they
can't buy the car. So price and quantity of bus tickets grow up.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


Assignment Expert
28.09.2012 10:49

You're welcome. We are glad to be helpful.
If you really liked our service please press like-button beside answer field. Thank you!

28.09.2012 10:43

Thank you so much

Leave a comment

Ask Your question