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joja [24]
4 years ago
14

Products whose demand rises when another product’s price increases are called

Business
2 answers:
Oliga [24]4 years ago
6 0
The correct option is SUBSTITUTE GOOD.
Substitute goods are goods which can be substituted for each other. If the price of one substitute good increase, the demand for the other substitute good will increase. For instance, for two goods A and B which are substitute, if the price of A increases, consumers will abandon A and start to buy more of B, whose price is lower, thus, the demand for good B will increase.
vekshin14 years ago
5 0

Answer:

The graph shows a demand curve.

A graph titled Demand Curve has Quantity Demanded on the x-axis, from 0 to 60 in increments of 10, and Price on the y-axis, from 0 to 20 dollars in increments of 2 dollars and 50 cents. A line with negative slope is on the graph.

What does the data shown in this graph represent?

A. a decrease in quantity demanded as prices decrease

B. an increase in price as quantity demanded decreases

C. a decrease in income as quantity demanded increases

D. an increase in quantity demanded as prices decrease

Explanation: OPTION D IS CORRECT

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When businesses raise the price of a needed product or service after a natural disaster, this is known as price gouging. Price gouging is something that businesses do after a natural disaster when they know consumers are going to need a specific product or service so they raise the price because they know people are going to buy it anyways. An example of this is when they raise gas prices after a natural disaster, knowing people still need gas.

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4 years ago
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Local optimization is a supply-chain complication best described as: Select one: a. the opposite of the bullwhip effect. b. opti
tia_tia [17]

Answer:

letter b is correct.<em> Optimizing one's local area without full knowledge of supply chain needs. </em>

Explanation:

For supply chain management to be optimally optimized, global scope information is needed to make decision-making more secure. Information technology can be a good solution for providing relevant information that will help integrate supply chain components to help you make decisions and meet specific local area and supply chain needs.

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4 years ago
Internet recruiting can limit the fairness in hiring because: a. individuals from lower socioeconomic groups mostly have limited
Kaylis [27]

Answer:

D. Excludes retirees who are interested in seeking new employment opportunities

Explanation:

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Since only those who are already working are the only ones who would be eligible under internal recruitment, retirees will not be a part of the pool of potential workers, even if they may be possessing better skills and experience.

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3 years ago
What are some financial consequences that could happen to a borrower if he or she cannot pay back a car loan from a financial in
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The bank can repossess the car and if anything is used as collateral they can claim that as well. It is best to not get yourself in debt you cannot pay off.

One way to calculate debt is to figure out what your income is per week, and divide that by the weekly payments for the car. Lets say you make 3200, and your debt is 450 a week.

As shown below

<em>Income ÷ Payments </em>

3200 ÷ 450 = 0.14

Now multiply that by 100 to get your percentage,

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Financial advisors recommend that you keep your debt-to-income ratio under 30%.

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3 years ago
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Terror management theory predicts, and has managed to show, that self Esteem is one of the most powerful buffers against death anxiety.

<h3>What is Terror Management Theory (TMT)?</h3>

A dual defensive paradigm that describes how people defend themselves against (possible) anxiety is called the Terror Management Theory (TMT).

TMT holds that a person's precise response will depend on whether their worries are conscious or unconscious.

The threat of concentrated attention is removed by proximal defenses, which combat conscious death obsession.

When this objective is attained, defense at a distance becomes the main strategy for defense.

To learn more about Terror Management Theory (TMT) from given link

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