ở Quiz 1 (10%) (page 1 of 20) - Google Chrome A 2021.tle.courses.open.uwi.edu/mod/quiz/attempt.php?attempt=9399&cmid=1612 The Learning Exchange 2021 ECON1000 - Principles of Economics 1| S1 21/22 Quiz...

Extracted text: ở Quiz 1 (10%) (page 1 of 20) - Google Chrome A 2021.tle.courses.open.uwi.edu/mod/quiz/attempt.php?attempt=9399&cmid=1612 The Learning Exchange 2021 ECON1000 - Principles of Economics 1| S1 21/22 Quiz navigation Time left 0:59:53 1 3 4 5 7 8 Question 1 The wages of workers in the tire making industry rise. At the same time, the price of gasoline Not yet climbs. Gasoline and tires are complementary goods. The resulting shifts in the supply and 10 11 12 13 14 15 16 17 18 answered demand for tires imply that the equilibrium quantity of tires Marked out of 19 20 1.00 Select one: P Flag question O a. will fall, while the price rises Finish attempt . O b. will fall, while the price falls O . could rise or fall O d. will fall, while the price would fall, rise or stay the same Next page https://2021.tle.courses.open.uwi.edu/mod/quiz/attempt.php?attempt=9399&cmid=1612&page=14# 7:51 AM P Type here to search 10/18/2021 曲


Extracted text: The wages of workers in the tire making industry rise. At the same time, the price of gasoline climbs. Gasoline and tires are complementary goods. The resulting shifts in the supply and demand for tires imply that the equilibrium quantity of tires Select one: O a. will fall, while the price rises O b. will fall, while the price falls O. could rise or fall Od. will fall, while the price would fall, rise or stay the same