1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
joja [24]
3 years ago
14

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

Business
2 answers:
Oliga [24]3 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.
vekshin13 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

You might be interested in
1 Cash 15,000 2 Bank 22,000 3 Account Receivable 41,000 4 Goodwill 60,000 5 Merchandinse 1-1-2021 31,000 6 Furniture 70,000 7 Bu
Otrada [13]

Answer:

232323232

Explanation:

34343434

8 0
1 year ago
Assuming no change in the nominal wage and a significant increase in human capital, the output per worker will
Veseljchak [2.6K]

Answer:

B. Increase and the real wage will increase.

Explanation:

In the case when there is a rise in population so the labor supply also rises and the equilibrium labor quantity would also rise

So it would result in rise in capital market due to which the labor would become more productive and there is a rise in the labor demand

This leads to greater real wages rate and rise in full labor quantity employment

Hence, the option b is correct

4 0
3 years ago
When an asset is sold, a gain occurs when the:______.
Serhud [2]

Answer:

a. sale price exceeds the book value of the asset sold.

Explanation:

The gain recognized when the sale price is exceeded than the book value i.e

Gain recognized = Sale price - book value

where

Sale price is the selling price of the asset

And, the book value is the carrying value of the asset

Book value = Acquired value of an asset - accumulated depreciation

Hence, the option a is correct

5 0
3 years ago
Meg invested $16,000 in a savings account. if the annual interest rate is 6%, how much will be in the account in 5 years for qua
Yakvenalex [24]

Meg invested $16,000 in a savings account. if the annual interest rate is 6%. In 5 years for quarterly compounding is $ 21,549.68.

<h3>What is interest rate?</h3>
  • The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum).
  • The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
  • The interest rate over a year is known as the annual interest rate.
  • Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.
<h3>What is saving account?</h3>
  • An account in a retail bank is a savings account.
  • Common characteristics include having a finite number of withdrawals allowed, not having check or connected debit card facilities, having few transfer choices, and not being able to become overdrawn.
  • Savings account transactions were typically recorded in a passbook in the past, hence the term "passbook savings accounts," and bank statements were not typically supplied.
  • Nowadays, same transactions are typically recorded electronically and are available online.

Learn more about interest rate here:

brainly.com/question/13324776

#SPJ4

6 0
1 year ago
A+student+receives+a+35%+similarity+rate+on+their+lopeswrite+score. +what+does+this+mean+and+what+should+that+student+do+before+
Crazy boy [7]

Answer:

They should make sure it's not like someone else's?

Explanation:

i don't know what you mean by this.

8 0
2 years ago
Other questions:
  • Which was not a response taken during the hoover administration in an attempt to turn the economy around?
    10·1 answer
  • Paul Sabin organized Sabin Electronics 10 years ago to produceand sell several electronic devices on which he had securedpatents
    9·1 answer
  • The minimum level of exercise required to achieve some health benefits is termed ________
    5·1 answer
  • For a certain product, the cost function is linear with fixed costs of $480. If the product will sell for $25 per unit and the b
    13·1 answer
  • What price will be paid for a u.s. treasury bond with an ask price of 135:20?
    13·1 answer
  • Ethnocentrism in international business refers to the ________.
    6·1 answer
  • To promote information sharing, certain guidelines must be followed in DoD Manual 5200.01, Volumes 1 and 2, when classifying and
    12·1 answer
  • Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
    7·2 answers
  • How do you think the benefits will help the firm before they<br> engage in I.M?
    7·1 answer
  • How did the population and economic patterns of the american west change because of governmental policies, such as the homestead
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!