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zheka24 [161]
3 years ago
11

Suppose that the price of sushi take-out, a substitute, decreases in price. what will happen to the demand for chinese take-out?

Business
1 answer:
omeli [17]3 years ago
8 0
<span>Suppose that the price of sushi take-out, a substitute, decreases in price. What will happen to the demand for Chinese take-out? The demand for Chinese take-out will likely decrease as a substitute is cheaper. Those we are okay with substituting one item with another are often after the price the items sell out versus exactly what the want from the item. Since they are substitutes, more people will likely get the cheaper option, Sushi take-out. </span>
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Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t
Umnica [9.8K]

The demand curve for bonds shifts to the left and the interest rate rises.

  • left; rises

<h3>Influence of the demand curve</h3>

When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.

As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

Therefore, the correct answers are left and rise.

Learn more about demand curve from here: brainly.com/question/1486483

5 0
3 years ago
How did the shift to steam power lead to the growth of cities?
MA_775_DIABLO [31]
The shift to steam power contributed to the growth of cities in many way. Firstly, it provides a continuous source of power to industries, which leads to high level of productivity. The availability of jobs in the industries makes the people in the rural areas to migrate to the cities in search of greener pastures. Steam power also created a new and efficient means of transportation which make it possible to move people and goods over long distances in record time.
7 0
3 years ago
A customer who sold a bond at a loss must wait how long before he can buy back a substantially identical bond and not have the s
Lelu [443]
A customer who sold a bond at a loss must wait how long before he can buy back a substantially identical bond and not have the sale classified as a wash sale? 
30 days. 

8 0
3 years ago
Service, repair work, and accessories may be important considerations in a consumer's decision to purchase a particular shopping
xenn [34]

Answer:

True (1)

Explanation:

In deciding whether to buy a particular product, it is important to consider  below pertinent issues :

Serviceability : questions need to  be asked whether the product can be serviced regularly to keep it in usable condition and possible cost of servicing must as well  be considered.

Repairability  : Seller must be asked if the product is repairable in case it is faulty.

Accessories : Availability of accessories in the market must be confirmed from the seller in case we need to replace any part.

Failure to sort out above  issues before buying  may result in wasting of money at the end of the day even though product might have been bought  at a cheaper lock-in price.

6 0
3 years ago
Tomas increased his consumption of potato chips when the price of pistachios increased. For Tomas, potato chips and pistachios a
mixer [17]

Answer: A. substitutes in consumption.

Explanation:

The substitutes in consumption are products that can be replaced by others and satisfy the same desires or the same need. They respond to the buyer's need to consume a product whose price increases or can no longer purchase it.

<em>For example,</em> in this case, Tomas can no longer acquire pistachios (which are a snack) because increased in price, therefore the potato chips are replacing the pistachio as a snack because it is cheaper.

<em>I hope this information can help you.</em>

4 0
4 years ago
Read 2 more answers
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