Answer: c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles.
Explanation:
A complementary good is the one which can be used only with another good. For example a CD can only run in a CD player or any other suitable device so the sales of CD is dependent upon the availability of device used to pay it. Other examples are tennis ball and tennis racket, mobile phone and sim cards, and others.
According to the given situation the decrease in price of tomato will be an advantage to the consumers as they will be able to purchase them with an affordable price and can produce tomato sauce this will promote the production of spaghetti noodles as tomato sauce is consumed along with spaghetti noodles this way the tomato sauce and spaghetti noodles are complementary goods for each other. The sales and production of one good will affect the sales and production of another.
Answer:
165 / 130
165 /25
divide and get your answer
Answer:
A. He has made several significant contributions to the areas of organizational learning and change.
Explanation:
<em>Option B</em>: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.
<em>Option C</em>: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.
<em>Option D</em>: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.
<em>Option E</em>: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.
<em>Option A</em>: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.
Answer:
A. The quantity of backpacks supplied increases and the supply of backpacks is unchanged
Explanation:
The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
If the price of backpack increases, the quantity of backpacks supplied would increase. This would lead to an upward movement along the supply curve.
There would be no change in supply.
Changes in price only leads to changes in quantity supplied.
I hope my answer helps you
