Topic: Market Demand Diculty: 0% Correct Responses: 0 Discrimination Index: 0Correct Answer: B15.66

Topic: Market Demand Diculty: 0% Correct Responses: 0 Discrimination Index: 0Correct Answer: B15.66 Demand for Barbara Streisand CD’s is equal toQs = P2:50s I1:80P0:60c where Qs is the numberof CD’s, Ps is the price of a Streisand CD, I is per capita income, and Pc is the price of a KarenCarpenter CD. Streisand and Carpenter CD’s(a) are inferior goods.(b) are substitutes.(c) are complements.(d) have diminishing returns to scale.(e) are not as good as the original 8 track tapes.