True False question: A negative change in demand implies a move down the demand curve?

2. There is an inverse relationship between demand and price which is plotted on a demand curve. Im leaning towards true, however just not sure because it did not mention ';quantity demanded';.





3. Complementary goods are those that are bundled free with other goods for promotional purposes?





4. In producing more labour saving goods capital goods unemployment rises.





5. Growth in the economy is implied by producing more capital goods but fewer consumer goods.True False question: A negative change in demand implies a move down the demand curve?
1. False





2.If demand falls down because of increase in price, then it implies a move down the Demand curve. It is called contraction of demand.


You are right. It does not say quantity demanded so it might mean a negative change in the other factors affecting demand. Like increase in price, if good is normal, decrease if it is inferior etc.


I think it is false and the right answer should be it shifts the demand curve to the left.





3. Complementary goods are not goods sold free of cost like in promotional offers. They are the goods you buy to support your good. Like buying petrol to fill in your car. An increase in price of complementary good causes leftward shift of D curve.





4. of course it does.





5. The growth of an economy is showed by growth in GDP and growth in per capita income. It has nothing to do with capital consumer good and all





Hope you understood. Best of luck