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Svetach [21]
2 years ago
7

Cinnamon Toast Crunch cereal and Trix cereal are considered substitute goods. Because of this, one would predict that, holding a

ll else constant, if the price of Cinnamon Toast Crunch cereal increases, we would see
Business
1 answer:
zvonat [6]2 years ago
7 0

As Crunch cereal and Trix cereal are substitute goods, then, if the price of Crunch cereal increases, then, we would see that the demand curve for Trix cereals will shift to the left

<h3>What causes demand curve to shifts to left? </h3>

In economics, when the demand curve shifts to the left it means that determinant causes demand to drop and less of the good or service is demanded.

In conclusion, if the price of Crunch cereal increases, then, we would see that the demand curve for Trix cereals will shift to the left

Read more about demand curve

<em>brainly.com/question/1979620</em>

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I'd say it's 4 because school social workers support students.
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Suppose that you are opening a new music store in your town. How would the government affect your business?
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4 0
3 years ago
Which of the following would cause a leftward shift of the supply curve for computers? A. an increase in the price of printed ci
Margaret [11]

Answer:

The answer is A.

Explanation:

All other things being equal, an increase in the cost of production of a product will decrease the units of the product being reduced and this reduction in supply shifts the supply curve to left while a decrease in the cost of production will increase the units of the product being produced and this shifts the supply curve to the right.

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6 0
3 years ago
A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?
VMariaS [17]
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The dealer bought 60 tires.

6 0
4 years ago
BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%." If the Prime Rate increases from
Brrunno [24]

The prime rate is the base rate for any financial transaction. The prime rate is considered for each type of lending instruments by the bank. bank add a margin % over the prime rate and offer loan/instrument at the increased rate.

In the given case, the BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%, which means the A.P.R is calculated on the basis of Prime rate and any change in prime rate will directly affect the A.P.R.

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Hence the correct answer is:

b. Increase in A.P.R by 1%

4 0
3 years ago
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