Question: why are A and E the correct answers and why are the others wrong? 25. If shirts and ties are complements and if the price

why are A and E the correct answers and why are the others wrong?

why are A and E the correct answers and why are the

25. If shirts and ties are complements and if the price of shirts decreases due to an increase in the price of cotton, which of the following is most likely to occur in the market for ties in the short run? - A. The equilibrium price and quantity of ties will increase. ( B. The equilibrium price and quantity of ties will decrease. C. The equilibrium price of ties will increase and the equilibrium quantity will decrease D. The supply of ties will increase. E. The demand for ties will increase

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