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horrorfan [7]
3 years ago
5

Which industry began to form in the 1930s? the railroad industry the cruise ship industry the airline industry the Disney resort

s
Business
1 answer:
sasho [114]3 years ago
6 0
The answer is airline industry.
The first passengers airlines actually first created in 1919, but at that time, the amount of money involved still hasn't big enough to be considered as industry.
The market for airline started to show a promising future in 1930s, where  they started to obtain more than 6,000 consumers per year. 4 Years after that, they started to obtain a staggering increase to 450,000 consumers per year.
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If the price of good A decreases by 10 percent and the quantity demanded of good B increases by 10 percent, this is evidence tha
Lostsunrise [7]

Answer:

b. complement goods

Explanation:

Complement goods -

These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.

These type of good are also referred to as paired goods or associated goods .

In case of complement goods , if a person buys first good , then he might require the second good too.

These goods can even alters the prices of each other .

For example ,

people buying a CD player , need to buy the corresponding CD too , and hence ,

CD player and CD are complement goods.

Hence , from the given scenario of the question,

The correct option is b. complement goods .

A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.

6 0
3 years ago
In a long-run equilibrium,
Serga [27]

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

8 0
3 years ago
Natalie operates on a pretty tight budget. She is a price-conscious shopper and usually buys store or generic brands to save mon
Llana [10]

Answer: The income effect

Explanation: The income effect refers to the effect on the purchasing power of the consumer when his or her income level changes.

In the given case, Natalie was price conscious  and used to buy lower priced goods with the objective of saving money. When her income rises she starts buying expensive goods as her purchasing power increases with increase in income.

Hence from the above we can conclude that the correct option is A.

7 0
3 years ago
Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for
andrezito [222]

The marginal cost of the second meal deal is $5.

<h3>What is the marginal cost?</h3>

The marginal cost is the change in total cost when consumption is increased by one unit.

Marginal cost = change in total cost / change in consumption

($15 - $10) / (2 - 1) = $5

To learn more about marginal cost, please check: brainly.com/question/16399134

#SPJ1

8 0
1 year ago
A strong employer-employee relationship is central to:
Reil [10]

Answer:

The correct answer is letter "D": Both A and B, but not C.

Explanation:

<em>Highly efficient companies</em> are characterized by giving<em> employees resources so they can fulfill their corporate personal achievements and align them with the overall company's objectives</em>. Firms achieve that stage when <em>employees' voice is heard, they have enough freedom to make decisions on their duties, compensation is stable,  and promotion opportunities are available. </em>

<em>All the factors mentioned above increase the corporation's possibilities of boosting their productivity levels which eventually is traduced in higher profits.</em>

5 0
3 years ago
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