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
xeze [42]
3 years ago
11

Explain how demand for a good can affect demand for a related good.

Business
1 answer:
Lostsunrise [7]3 years ago
8 0

Hello!

As the demand for a good increases, the demand for a related good also increases. As the demand for a good decreases, then the demand for a related good decreases as well.

For example, if a new DVD player is released, then consumers will want the new product, therefore increasing demand for it. Because the demand for the player goes up, the demand for DVDs will also go up because consumers will want more DVDs to use with their DVD players. In this case, the DVD is the related good.

On the other hand, the demand for a related good will decrease if the demand for the main good decreases. For example, if demand for potatoes were to decrease, then the demand for potato peelers would also decrease. This is because people would not need potato peelers if they do not purchase potatoes.

I hope this helps you! Have a lovely day!

- Mal

You might be interested in
Trade schools are also known as which of the following?
Vladimir [108]
The answer is A. Vocational Schools
8 0
3 years ago
Read 2 more answers
In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $283,104
Lesechka [4]

Answer:

$195,751

Explanation:

Calculation for the project's expected operating cash flow

The first step will be to find the EBIT

using this formula

EBIT =(Earnings before interest, taxes, depreciation, and amortization -Depreciation expense)

Let plug in the formula

EBIT= 283,104 - 53,228

EBIT= 229,876

Second step is to find the NOPAT using this formula

NOPAT = EBIT(1- tax rate)

NOPAT= 229,876(1 - 0.38)

NOPAT= 142,523

Last step is to calculate for Expected Operating Cash flow

Using this formula

Operating cash flow = NOPAT + Depreciation expenses

Let plug in the formula

Operating cash flow = 142,523 + 53,228

Operating cash flow = $195,751

Therefore the project's expected operating cash flow will be $195,751

3 0
3 years ago
Her neighbor could not afford to repair the roof on her house, so tijuana secretly hired and paid for a contractor to repair the
BaLLatris [955]

Tijuana's actions are an example of <u> "altruism".</u>


Altruism is carrying on of worry for another's prosperity. Regularly, individuals carry on charitably when they see others in edgy conditions and feel sympathy and a craving to help. Selflessness doesn't generally easily fall into place, since by definition, it expects individuals to slight their very own worries to help other people with no desire for remuneration, however "reciprocal altruism" is a term utilized by evolutionary scholars and analysts to describe the choice to help with a desire that one will get some advantage or result to oneself. Agreeable conduct enabled our predecessors to make due under brutal conditions, despite everything it fills an important need to an exceedingly mind boggling society.

8 0
3 years ago
Question 8
Ghella [55]

Answer:

D

Explanation:

I know the answer

8 0
3 years ago
Read 2 more answers
Loree manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Loree also overs
Eva8 [605]

Answer:

First-line manager.

Explanation:

A first-line manager is a person within a company who is directly above all other personnel who are not managers. They have various obligations, such as the aforementioned routine decisions, service desk, feedback, work satisfaction, etc. When it comes to some more serious decisions, this type of a manager is not allowed to make them but rather only advise higher ups.

8 0
3 years ago
Other questions:
  • Erik is an investor with $5,000 available for investment. He has the following three investment possibilities from which to choo
    6·1 answer
  •  Under Eagle Co.'s job order costing system, manufacturing overhead is applied to Work-in-Process using a predetermined annual
    9·1 answer
  • Zingerman's deli operates seven retail stores throughout the city. It plans to develop a new marketing plan to extend its number
    10·1 answer
  • A purely competitive wheat farmer can sell any wheat he grows for $20 per bushel. His five acres of land show diminishing return
    7·1 answer
  • For a new small business, it's usually best to have what kind of scope?
    10·2 answers
  • A second mover: a.is typically ineffective in its response to a first mover. b.attempts to provide a product with greater custom
    15·1 answer
  • 1) You are indecisive about which stock to buy Microsoft, which is selling for $173 a share; or Apple, which is selling for $285
    15·2 answers
  • . Who can ride as a passenger if a personal vehicle driven to conduct Southwest Key business?
    10·1 answer
  • Goal conflict can be avoided if budget goals are carefully designed for consistency across all areas of the organization. True F
    8·1 answer
  • Complete the sentence using the correct term.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!