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BabaBlast [244]
3 years ago
12

For a normal good, if the price of a substitute good decreases then:

Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

(B) the demand curve shifts leftward while the supply curve stays the same.

Explanation:

"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "

Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019

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Maria Mendez is division controller and James Dalton is division manager of the Hestor Shoe Company. Mendez has line responsibil
myrzilka [38]

A) Mendez's ethical responsibilities are,

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

B)The responsibilities of mendez if dalton gives her a direct order to book the sales are explained below.

Explanation:

1)

Integrity

Cometence

Credibility

IMA is highly regarded organization for accountants and finance professionals. The following four standard to which the organization holds CMA's accountable are

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

2)

Mendez should refuse to follow dalton's orders and if dalton persists, the incident should be reported to the corporate controller of hester shoe company. Support for the linc managers should be wholehearted, but it should not require unethical conduct.

8 0
4 years ago
John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

Answer: An ethical dilemma

Explanation:

An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

4 0
3 years ago
Read 2 more answers
Elvis values the first gravy sandwich at $5, the second at $4.50, and the third at $4. If he buys three sandwiches for $4 each,
12345 [234]

Answer:

Consumer Surplus = $1.50

Explanation:

Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.

Therefore,

Consumer surplus = Amount consumer is willing to pay less amount paid

Given that

Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three

Price of 3 sandwich = 3 × 4 = 12

Consumer surplus = 13.50 - 12

= $1.50

6 0
3 years ago
Suppose Antonio and Caroline are playing a game in which both must simultaneously choose the action Left or Right. The payoff ma
Akimi4 [234]

Answer: See explanation column for answer

Explanation:

                                Caroline

                           left           Right

Anthonio   left   6,6             6,3

                  Right  4,3            5,5

The first digits in both left and right  is Anthonio's best response payoff given what Caroline chooses. Also, the second digit on both left and right is Caroline's best response payoff  based on what Anthonio chooses.

When Antonio chooses left, Caroline should choose left so as to get a payoff of 6, also when Antonio chooses right, Caroline chooses right to get a payoff of 5. therefore, there is no dominant strategy for Caroline.

The dominant strategy for Antonio occurs  

When Caroline chooses left, Antonio will have to choose left to get a payoff of 6, also when  Caroline chooses right, Antonio should choose left to get a payoff of 6. So, the dominant strategy for Antonio is to choose left.

The only dominant strategy in this game is for Antonio, to choose left.

b).  For Nash Equilibrum, Antonio will have to choose his dominant strategy, that is to choose left, which will make  Caroline is to choose left so as to get a payoff of 6. So, the Nash equilibrium is for Antonio to choose <u>left </u>and caroline chooses<u> left</u> too

8 0
3 years ago
Discuss how classification systems have undergone several changes over a period of time.
sergiy2304 [10]

Classification systems have undergone several changes over a period of time to get proper categorization of the organism.

<h3>What is classification?</h3>

Classification can be told as the difference that can be between the plants and the animals which can be a based on various factors like the cell, discoveries, and the species.

Aristotle gave the first classification. He divided plants into three categories, RBC existence or disappearance was used to categorize animals. The recognized species cannot all be categorized using this technique.

Linnaeus created a two-kingdom categorization. Plant and  Animalia are their constituent parts.  But, there would have been numerous species that fell outside the realms.

Ernest Henkel divided on the basis of cells into a distinct dynasty, and so created a categorization of three kingdoms.

Copeland divided all prokaryotic creatures into a distinct kingdom called Monera, leading to the development of the Four-Kingdom. 

 R.H. Whittaker developed a five-kingdom method of categorization in 1969.

Learn more about classification systems, here:

brainly.com/question/1144530

#SPJ4

8 0
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