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Tanzania [10]
2 years ago
9

Products whose demand rises when another product’s price increases are called.

Business
1 answer:
Naya [18.7K]2 years ago
5 0

Close Substitutes.

When the price of a commodity rises, the demand for its close substitute is likely to rise because the price of the close substitute remains the same.

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Bonnie has ordered her monthly supply of medicines through the mail for the past five years. Except for one order, all orders ha
Valentin [98]

The reasoning that Bonnie is using is known as the Inductive reasoning.

Inductive reasoning refers to the type of reasoning which involves drawing of conclusion from previous set of observations on similar incidence.

  • Here, Bonnie expects to receive the order tomorrow based on previous order experiences she had on the medicines supply.

Therefore, the reasoning that Bonnie is using is known as the Inductive reasoning

Read more about Inductive reasoning:

<em>brainly.com/question/8477744</em>

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Which of the following is not a classification of peripheral device?
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Answer:

Explanation:

gate City bank reconciliation statement as at December 31, 2018

Balance as per cash book                                 2400            

Direct payment to the bank (loan)        520            

Less bank charges                                   (30)                      

Add bank interest                                      20

Adjustment                                                              510

Adjusted cash book balance                                  2910

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Less outstanding check                            (1300)

Add deposit in transit                                   400

Adjustment                                                               (900)

Adjusted bank statement balance                          2,910    

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3 years ago
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Answer:

Market equilibrium

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied are intersected to each other

The intersection could be done by supply and demand curves

Moreover, there is a positive relationship between the price and quantity supplied while for quantity demanded it has an inverse relationship between the price and quantity demanded

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Brenda, the office manager at a dental practice, noticed many patients were missing their appointments. With the support of her
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