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(Figure: Graph) Use the Graph to Answer the Following Questions

Question 116

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(Figure: Graph) Use the graph to answer the following questions.
(a) What change caused the movement from point S to point T?
(b) What change caused the movement from point W to point T?
(c) Fishing rods and fishing reels are complementary goods. In which direction did the price of fishing rods change to cause the shift from point Q to point M in the demand for fishing reels?
(d) Abu Garcia fishing rods and Shimano fishing rods are substitute goods. In which direction did the price of Abu Garcia fishing rods change to cause the shift from point N to point P in the demand for Shimano fishing rods?
(Figure: Graph) Use the graph to answer the following questions. (a) What change caused the movement from point S to point T? (b) What change caused the movement from point W to point T? (c) Fishing rods and fishing reels are complementary goods. In which direction did the price of fishing rods change to cause the shift from point Q to point M in the demand for fishing reels? (d) Abu Garcia fishing rods and Shimano fishing rods are substitute goods. In which direction did the price of Abu Garcia fishing rods change to cause the shift from point N to point P in the demand for Shimano fishing rods?

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