Suppose that tacos and pizza are substitutes, and soda and pizza are complements. we would expect an increase in the price of pizza to: reduce the demand for tacos and increase the demand for sodas. reduce the demand for soda and increase the demand for tacos. increase the demand for both soda and tacos. reduce the demand for both soda and tacos.

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

How many months does the federal budget usually take to prepare

Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?