4 years ago

Goods are complements if an increase in the price of one causes a __________ in the demand for the other

1 answer:

7 0

Answer: decreases

Explanation: In simple words, complementary goods are those goods which have negative relation with each other in respect of price and demand. The usage of one good is dependent on other in case of complementary relation.

For example - Petrol and petrol car are complementary goods, if the price of petrol increases the demand for petrol cars will decrease.

Hence we can conclude that the right answer to the given problem is decrease.

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Galaxy Products is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under P

ankoles [38]

Answer:

break even EBIT is $717,240.13

Explanation:

given data

stock outstanding = 230000 shares

stock outstanding = 224478 shares

debt outstanding = $210000

interest rate = 8.2 percent

to find out

What is the break even EBIT

solution

we get break even EBIT is here express as

$\frac{EBIT}{230000} = \frac{EBIT-210000*0.082}{224478}$

EBIT × 224478 = 230000 × ( EBIT - 17220 )

solve it we get

EBIT = $717,240.13

so break even EBIT is $717,240.13

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3 years ago

___competition is a competitive advantage based on factors other than price.

Degger [83]

The blank should have “nonprice competition” the answer is C.

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3 years ago

The comparative balance sheet of ConnieJo Company, for December 31, Years 1 and 2 ended December 31 appears below in condensed f

Sophie [7]

Answer:

Kindly check attached picture

Explanation:

Kindly check attached picture for detailed statement using the direct method

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3 years ago

Is the number of children a couple must have in order to insure that the population neither increases nor decreases?

avanturin [10]

I think it is 2. Hope this helps

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3 years ago

Assuming that the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 2

sdas [7]

The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.

<h3>How to calculate the reserve requirement?</h3>

From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.

Therefore, the reserve requirement will be:

= 20% × $40 million

= $8 million.

Learn more about reserve requirements on:

brainly.com/question/25812353

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2 years ago