If the price of tents should increase then it would cause the demand for sleeping bags to reduce.
<h3>What is a complementary good?</h3>
This is the term that is used to refer to the goods that are bought and used alongside another good. What this means is that both goods are used together.
Hence when the price of one complement good rises, it would cause the demand of that good to reduce and also reduce the market for that good.
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Answer:With unbounded message transmission time, clock differences are necessarily unbounded.
Explanation:Any user of network time protocol service must communicate by means of message passed over a communication channel.If there is a possibilty for bound to be set on time to transmit a message over a communication
channel, then the difference between the client’s clock and the value supplied by the network tiime protocol service would also be
bounded.
The Herfindahl index equals sum of the squared percentage market shares of all firms in an industry.
<h3>What is Herfindahl index?</h3>
The Herfindahl Index can be regarded as the common measure of market concentration which is used in measuring the market in term of the competition.
In calculating this Herfindahl Index, we can determine the pre- and post-M&A and equals sum of the squared percentage market shares .
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Answer:
$1,875
Explanation:
Given that,
Amount of note receivable = $50,000
Time period = 6 month
Interest rate = 9%
Interest amount:
= Principle amount × Interest rate × Time period
= $50,000 × 0.09 × (6/12)
= $2,250
Interest Accrued from 1 August to 31 December :
= (Interest amount ÷ 6 months) × 5 months
= ($2,250 ÷ 6 months) × 5 months
= $375 × 5 months
= $1,875
