All categories

1 year ago

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

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

You might be interested in

What term is used to describe an account that a bond trustee manages for the sole purpose of redeeming bonds early?

sasho [114]

Answer:

Sinking fund

Explanation:

Sinking fund is a term used to describe an account that a bind trustee managed for the sole purpose of redeeming bonds early.

sinking fund: This can be seen as a type of fund that is created for the sole aim of repaying debt. It is created for the purpose of making debt easier to pay off.

The sinking fund account owner set aside a particular amount of money for a specific purpose.

Sinking funds is used to entice investors because in the case of default or bankruptcy, sinking fund will still allow investors to get their investment back. it is also a means used by corporations for bonds and deposits money to buy back issued bonds or parts of bonds before the maturity date arrives.

4 0

3 years ago

Read 2 more answers

A project costs $12,800 and is expected to provide a real cash inflow of $10,000 at the end of each of years 1 through 5. Calcul

Lemur [1.5K]

Answer:

Net Present Value = $28756.79

Explanation:

First we need find the real rate of interest

Real rate of interest = (Nominal rate of interest - Inflation rate )

Real Rate of interest = (10.76% - 4%)

Real of Interest = 6.76%

Now using stream of cash flows and discount the at 6.76%

0 -12800 1.000

1 10000 0.937

2 10000 0.877

3 10000 0.822

4 10000 0.770

5 10000 0.721

Through multiplying discount value with cash flow we get the discounted value of cash flows.

0 -12800 x 1.000 = -12800

1 10000 x 0.937 = 9370

2 10000 x 0.877 = 8770

3 10000 x 0.822 = 8220

4 10000 x 0.770 = 7700

5 10000 x 0.721 = 7210

Adding the discounted cash flows we get the value of Net present value and that is equal to $28756.79

6 0

3 years ago

Windsor Windows manufactures and sells custom storm windows for enclosed porches. Windsor also provides installation service for

Alina [70]

Answer:

June 1, 2021

No entry – neither party has performed under the contract.

August 1,2021

Dr. Cash $4,000

Dr. Accounts Receivable $700

Cr. Unearned Service Revenue $1,085

Cr. Sales revenue $3,615

Dr. Cost of goods Sold $2,300

Cr. Inventory $2,300

Explanation:

As no one performed under the contract on June 1, 2021, so there will be no entry on this day.

On August 1, 2021, Windsor has 2 performance obligations

First: Delivery of the windows

Second: Installation of the windows

Fair value of Windows = $4,000

Fair value of Installation services = $1,200

Fair Value of Contract = $4,000 + $1,200 = $5,200

Allocation of to revenue is based on the ratio of fair value of each performance to the total fair value of contract, As below

Windows = ($4,000 / $5,200) X $4,700 = $3,615 (round to nearest dollar)

Installation services = ($1,200/$5,200) X $4,700 = $1,085 (round to nearest dollar)

Total Revenue recognized = $4,700

8 0

3 years ago

Microsoft Windows at one time would have been considered this type of monopoly?

TEA [102]

Microsoft was considered a monopoly in the late 90's because there was effectively no other option than to use Windows, so Windows had monopoly market power, especially in the "Business Operating System" market.
Microsoft could set prices for users, and dictate user's behavior.

6 0

3 years ago

Luis has $170,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis

serious [3.7K]

Answer:

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

Explanation:

Acording to the data Luis has $170,000 in his retirement account

His current account after 30 years at 4.5% compounded quarterly will be

Current account = $ 170,000(1 + (0.045/4))^(4*30)

Current account = $ 650,838.260724

Acording to the data Luis also plans to put $2000/quarter into the new account until his retirement 30 years from now.

The future value (FV) of the account will be

FV = 2000[(1 + (0.045/4))^(4*30) -1] / (0.045/4) 0.01125

FV = $ 502,837.3968

Therefore, to calculate how much will Luis have in his account at the time of his retirement we have to calculate the following:

Total amount = Current account+FV

Total amount = $ 650,838.260724 + $ 502,837.3968

Total amount = $ 1,153,675.657524

Luis will have $ 1,153,675.657524 in his account at the time of his retirement.

4 0

3 years ago