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1 year ago

When the price of hot dogs decreases, what happens in the market for the complementary good of hot dog buns?.

Business

1 answer:

andrezito [222]1 year ago

8 0

When the price of hot dogs decreases, demand increases, increasing price, and quantity.

<h3>What is complementary good?</h3>

Complement goods are the type of goods that goes hand in hand with one another and enhance each other's value.

When the price of hot dogs decreases, people demand more hot dogs. To manufacture hot dogs, more hot dog buns are required. So, the demand for hot dog buns increases. This increases the price and quantity of hot dog buns.

Learn more about complementary goods here: brainly.com/question/5726530

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What is an externality? how do externalities relate to socially optimal quantity?

Elodia [21]

An externality in business or economics is where an industrial activity has an unexpected side effect which does not figure in the cost of the goods and services involved. For example, I worked many years at a large mine. Just the existence of the mine there meant it was a no-hunting area so a side effect was that the moose used it as a refuge during hunting season which as a side effect was beneficial to the moose (and deer). Another example is that we used to crush mine rock for the haulroads for winter traction. As a result, it was found that the fines from this were concentrated with copper values so were put in the mill for processing-an unexpected outcome.

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2 years ago

Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor

myrzilka [38]

Answer:

Specter Co.

The amount reported on the year-end balance sheet for cash and cash equivalents is:

= $31,100.

Explanation:

a) Data and Calculations:

Cash deposit in checking account = $16,000

Bond investment due in 20 years = $46,000

US Treasury bill due in 1 month = $11,500

3-year loan to an employee = $850

Currency and coins = $3,600

Accounts receivable $1,150

Cash and Cash Equivalents:

Cash deposit in checking account $16,000

US Treasury bill due in 1 month 11,500

Currency and coins 3,600

Total cash and cash equivalents = $31,100

b) Cash and Cash Equivalents are Specter's assets that are in the form of cash (currency and coins) and Specter's assets that can be readily converted into cash (Treasury bills and notes, commercial papers. certificates of deposit, money market funds, and cash management pools).

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2 years ago

You are waiting at a bus stop and the woman next to you is crying. You wonder why is so and make deduction that she cries becaus

Vinil7 [7]

Answer:

deduction theory cause your assumption was based on your instincts and it may not actually be the reason why the woman was crying

6 0

2 years ago

A rule of nature that tells you what will happen under certain conditions is a

Naddik [55]

I guess the correct answer is Scientific Law.

Scientific Law is rule of nature that tells you what will happen under certain conditions.

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2 years ago

Amanda Roberts works a Monday Through Friday work week at a rate of 8.75$ per hour. She takes a 1 hour lunch break. If she clock

netineya [11]

She works 8 hour and 30 minutes a day - 1hr of lunch break is 7hrs and 30 min

7hrs =$61.25
30min =$4.375
$61.25 + $4.375 =$65.625
62.625(money made in one day) x 7 days a week = $459.375
Answer $459.375

5 0

3 years ago