Market price of pine sol, Microeconomics

1.  Clorox lowers the price of its GreenWorksTM bathroom cleaner.  All other things remaining the same, choose how you think this will impact the market price of Pine-Sol. (Circle one).  

a. It will raise the price of Pine-Sol because they are substitute products

b. It will lower the price of Pine-Sol because they are substitute products

c. It will raise the price of Pine-Sol because they are complement products

d. It will lower the price of Pine-Sol because they are complement products

 

Posted Date: 3/22/2013 6:59:53 AM | Location : United States







Related Discussions:- Market price of pine sol, Assignment Help, Ask Question on Market price of pine sol, Get Answer, Expert's Help, Market price of pine sol Discussions

Write discussion on Market price of pine sol
Your posts are moderated
Related Questions
Review the following information pertaining to the potato chip industry and answer the questions below in a five to six double spaced page paper (not including title and reference

The Concept of Efficiency is stated below: To illustrate this concept of the efficiency, it is used to expand the understanding of what is meant by the Pareto-efficient allocat

AS STUDENT OF ECONOMICS ELABORATE ON THE KALDOR-HISCKS COMPENSATION

What are the main weaknesses of using demand-side policies? Trade-off issues a) Growth and low unemployment often come with inflation b) Government stimulatory policies m

What aspects of amino acid structure are involved in the formation and stabilisation of beta-sheets in proteins?

I need help with tutoring session for an economic coursework

What is the difference between decreasing marginal returns and negative marginal returns?

HOW TO REDUCE SMOKING USING INDIFFERENCE S AND BUDGETLINE

law of diminishing marginal utility its assumptions, limitation, and its practical importance

Determine the Cross Elasticity of Demand Measures the responsiveness of demand for good A to a given change in the price of good B. It is an significant piece of information to