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7 months ago

if people demand more netflix subscriptions when the price of hulu subscriptions falls, then netflix and hulu are:

1 answer:

azamat7 months ago

3 0

Netflix and Hulu are substitutes if more individuals desire Netflix memberships as the cost of Hulu subscriptions decreases.

In microeconomics, two things are considered substitutes if customers may use them for the same purpose. Having more of one thing makes a buyer want less of the other good because they regard both goods as similar or equivalent.

Contrary to independent and complementary products, substitute goods may displace one another in usage as a result of shifting economic conditions. Coca-Cola and Pepsi are two examples of substitute commodities; they may be used interchangeably because they both meet the same need, which is the demand of customers for a soft drink. These replacements are referred to as "near substitutes."

Learn more about Substitutes at

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Using word of mouth for finding a job is helpful because _____.

leonid [27]

So that you can talk to the person offering the job

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2 years ago

Managerial accounting differs from financial accounting in that managerial accounting A. is required by Generally Accepted Accou

snow_tiger [21]

Answer:

The correct option is (b)

Explanation:

Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,

Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.

Therefore, managerial accounting focuses on data relevance over data objectivity.

4 0

3 years ago

Laura is head of ABC Systems. She needs to allocate a fixed amount of funds to various projects. There are two top projects that

TEA [102]

Answer: A. dialectic method

Explanation:

The DIALECTIC METHOD or DIALECTICS at it's basic level is a sort of debate between people of opposing viewpoints who wish to use the debate to come up with the best viewpoint by stating the facts and truths of their viewpoints.

They speak on whatever misgivings they may have about the other and explain in a logical manner why their views are better.

It is 'sort' of like a debate because unlike debates, it isn't supposed to get emotional but be fact and merit based.

3 0

3 years ago

Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist i

NNADVOKAT [17]

Answer: The following statements are true about this natural monopoly: It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.

Natural monopoly is a form of monopoly that persists because of start-up costs of administrating a business organization in a particular industry. A organization with natural monopoly will be the only supplier of a commodity or service in an industry.

5 0

3 years ago

15) One year ago, you purchased 400 shares of Romy’s Roses stock at a price of $24.15 a share. The stock pays an annual dividend

alukav5142 [94]

Answer:

= $2,748

Explanation:

Number of shares purchased = 400

Price per share (a year ago)= $24.15

Total price paid a year ago = 400*$24.15 = $9,660

Annual dividend per share = $1.82

Total dividend earned = 400 * $1.82 = $728

Price per share (today)= $29.20

Proceeds from sale of shares today = 400*$29.20 = $11,680

Next, find total dollar return;

Total dollar return = Total dividend earned + Proceeds from sale of shares today - Total price paid a year ago

= $728+ $11,680 - $9,660

= $2,748

4 0

2 years ago