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lisabon 2012 [21]
4 years ago
9

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

Business
1 answer:
ASHA 777 [7]4 years ago
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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Alex is at the hardware store comparing different types of piping for a repair in his home kitchen. He can choose between copper
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Answer:

D. Copper is a scarce resource, which increases its value.

Explanation:

Scarcity determine how much a certain type of resources is available. When the resources become less available, The price of that resources tend to increase.

Since producing copper is way harder than producing plastic, Producer needs a way to accommodate the bigger efforts that they need to make to produce the copper. This justify  why the price of copper is higher.

5 0
4 years ago
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On January 2, Boulder Co. assigned its patent to Castle Co. for royalties of 10% of patent-related sales. The assignment is for
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Answer:

$30,000

Explanation:

The computation of the royalty revenue reported is shown below:

= Patent-related sales for the year ×  given percentage

= $300,000 × 10%

= $30,000

The revenue is recognized when it is earned or realized so only $30,000 is to be reported as the royalty revenue

The remaining amount i.e $20,000 would be treated as an unearned royalty revenue

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3 years ago
Lynn Brown is widely known as the one of the best customer relationship managers in her company. Over the years she has develope
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It is c.equity capital I know it is the answer
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3 years ago
Assume you have a brand new baby today. You plan to make 18 $1,000 annual deposits in her college savings account, starting on h
aleksley [76]

Answer:

After her 18th birthday the balance will be $41,301

Explanation:

Balance right after the 18th birthday is calculated using the formula for future value of annuity

FV = PMT \times \frac{(1+i)^{n}-1}{i}

Annual payment PMT = 1,000

Interest rate i = 0.09

Deposits are made for 18 years: n = 18

The balance in her account will then be:

FV = 1,000 * ( 1.09^18 - 1 ) / 0.09

     = $41,301

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3 years ago
Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received
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Answer:

The after-tax cost is $23,940

Explanation:

For computing the after-tax cost, first we have to compute the present value which is shown below:

Present value = Bill payment × marginal tax rate

                       = $38,000 × 37%

                       = $14,060

So, after tax value would equal to

= Bill payment or Pre tax value - Present value

= $38,000 - $14,060

= $23,940

8 0
3 years ago
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