13. A decrease in the price of Coke (a substitute for Pepsi) should a. shift the...
13. A decrease in the price of Coke (a substitute for Pepsi) should
a. shift the Demand curve for Coke to the left.
b. shift the Demand curve for Coke to the right.
c. cause the Demand curve for Pepsi to shift to the left.
d. cause no shift in the Demand curve for Pepsi.
e. cause the Demand curve for Pepsi to shift to the right.
Please show detail and work.
Homework Answers
Answer - cause the demand curve for Pepsi to shift to the left.
Reason - A decrease in the price of coke (a substitute of Pepsi) should cause the demand curve of Pepsi to shift to the left because of substitution effect.
When the price of coke will decrease, the buyers of Pepsi will prefer to buy coke and the demand of Pepsi will decrease causing the demand curve of Pepsi to shift to the left.
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Amplitude=3;
fs=8000;
n=0:399;
t=0:1/fs: n*1/fs-1/fs;
signal=3+3*cos(2*pi*1100*t)+3*cos(2*pi*2200*t)+3*cos(2*pi*3300*t);
fftSignal= fft(signal);
fftSignal=f ftshift (fftSignal);
f=fs/2*linspace(-1,1,fs);
plot(f,abs(fftsignal);
xlabel('Frequency(Hz)’)
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