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sergeinik [125]
1 year ago
14

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

Business
1 answer:
azamat1 year 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

brainly.com/question/14236654?referrer=searchResults

#SPJ4

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Peter, a British citizen, and Keith, a U.S. citizen, are employees of an electronics manufacturing company headquartered in Lond
valina [46]

Answer:

The correct answer is option B.

Explanation:

An electronics manufacturing company is headquartered in London. It has a marketing unit in New York.  

Peter is a British resident, who works in the London office of the company. Keith is a US citizen and works in the New York marketing unit.  

Since the company is headquartered in London, its parent country is Britain. The US is a host country for the company.  

So Peter is a parent country national and Keith is host country national.

6 0
3 years ago
What are two main reasons for having a savings account
jasenka [17]

Answer:

two main reasons for having a savings account:

  • It can be used as a vacation fund.
  • An account to pay cash for new things and cover repairs.
  • Can be used as an emergency account.

Hope it helps!

5 0
3 years ago
How do you know if you are eligible to open and make contributions to a Roth IRA?
Whitepunk [10]

Answer:

The correct answer is letter "B":You have to earn below a certain amount to make contributions .

Explanation:

A Roth Individual Retirement Account (IRA) is the type of retirement account where contributions grow tax-free and allows individuals to withdraw funds under certain conditions. <em>People are eligible to open a Roth IRA as long as their income is less than $139,000 for singles and $206,000 for married couples- </em>information that applies for the year 2020.

7 0
3 years ago
Contestable markets true or false: if a firm is operating in a contestable market, it should operate at the efficient production
jok3333 [9.3K]

The first statement is false. A firm earning a zero profit is an action called predatory pricing, which there can be a temporary loss because of a super low price and when a new firm enters the market the new firm won’t be able to compete with a very low price forcing the new firm out of the market. This action can be a barrier of entry making the market less contestable. A firm in a contestable market should operate at efficient level of production and earn a minimal profit close to equilibrium.

<span>It is true that a contestable market model has important policy implications for example to increase competition policy maker can decrease regulation so that new firm can easily enter the market. Policy makers can also force firms to allow other firms to use their networks encouraging new firms to enter the market and lessening the monopoly power of restricting supplies. Policy makers can also set up its own new firm and distribute its resources to small new firms to increase competition.</span>
3 0
4 years ago
Bothell Construction, LLC, Ballard Remodel, Inc., and Tim's House Painting Company agreed that on three upcoming projects, Balla
Arlecino [84]

Answer:

violates ethical, but not legal, standards.

Explanation:

Sherman act was created to prohibit restrains on trade of any collusion by different parties to form a monopoly or control price.

The act does not however prohibit all restraints of trade, bit rather those that are very unreasonable and harmful to competition.

In the given scenario the three companies only agreed to bid lowest for the 3 project under consideration.

Their action does not give them unfair advantage over other firms and may even lead to a loss on their part.

They do not have a strategy that will guarantee an edge over other firms.

So this is an ethical violation but not a legal one.

8 0
3 years ago
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