1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vedmedyk [2.9K]
2 years ago
12

The price of tents, a complement to sleeping bags, increases. how will this affect the market for sleeping bags?

Business
1 answer:
Lelu [443]2 years ago
4 0

If the price of tents should increase then it would cause the demand for sleeping bags to reduce.

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

This is the term that is used to refer to the goods that are bought and used alongside another good. What this means is that both goods are used together.

Hence when the price of one complement good rises, it would cause the demand of that good to reduce and also reduce the market for that good.

Read more on complement goods here: brainly.com/question/1338465

#SPJ1

You might be interested in
In your own words, interpret what 33% of all goods and property are owned by 1% of the
Radda [10]

Answer:

Explanation:

It means that there must be a huge number of people that have little or nothing.

The most recent estimate of America's population is 331,000,000 roughly

1% of the population is 331,000,000 * 1/100 = 3,310,000

So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.

1 trillion has 12 zeros behind it

so 14 trillion has 12 zeros behind it.

3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.

That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.

3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.

6 0
2 years ago
Todd Enterprises is preparing a cash budget for the second quarter of the coming year. The following data have been forecasted:
Fudgin [204]

Answer:

The answer is attached for ready reference

Explanation:

Please note no effect for depreciation is taken as it is non cash item.

The may ending balance is having a surplus of $103,300              

Download xlsx
8 0
3 years ago
​the principle of _________ is the premise for elliot erwitt’s humorous photograph felix, gladys, and rover.
nydimaria [60]

The answer is variety within unity. It is because this is the principle being described above in which has became a premise of the humorous photograph of Elliot Erwitt towards Felix, Gladys and Rover. It is a principle that changes the character of a certain element.

5 0
3 years ago
Merchandise paid for within the discount period for a Cash refund was returned. This will be recorded with a A. credit to a liab
Gnom [1K]
The answer would be D: debit to an asset. Hoped this helped:)
5 0
3 years ago
How many ink cartridges can you buy with 165 dollars if one cartridge costs 11 dollars
laiz [17]

Answer:

15

Explanation:

165 divided by 11 is 15. For any number over 10 that you divide by 11, you can ignore the middle number and take the digit in the hundreds place and the digit in the ones place.

7 0
3 years ago
Other questions:
  • Owen Cartwright has joined a real estate syndicate that bought an office building in downtown Orlando, Florida. What type of inv
    10·2 answers
  • On January 1, 2005, Systil Corporation issues $50M 10 year bonds with a coupon rate of 10%. Interest is payable annually at the
    11·1 answer
  • A company has $96,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts.
    5·1 answer
  • A month-end bank statement shows a balance of $52,000, outstanding checks of $8,000, an intransit deposit of $3,500, and a deduc
    14·1 answer
  • Consider an income guarantee program with an income guarantee of $6,000 and a benefit reduction rate of 50%. A person can work u
    7·1 answer
  • A man of seemingly modest means died, leaving his nephew as his sole heir. Among the items inherited by the nephew were some old
    9·1 answer
  • A company purchases inventory on account for $45,000 with terms 2/10, n/30. Under the net method of accounting for purchases, th
    11·1 answer
  • List 10 effective methods used to maintain employment. 
    7·1 answer
  • What is the financial impact on a company when a customer returns a product for a refund?
    10·2 answers
  • all of the following would be considered manufacturing overhead costs by a book publisher except a. wages paid to the production
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!