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3 years ago

When the price of a good rises, consumers buy a smaller quantity because of the effect and the effect?

1 answer:

4 0

When the price of a good rises, consumers buy a smaller quantity because of the substitution effect and the income effect. A change in the relative prices of goods results in change in consumption of that goods and that is denoted as the substitution effect. T<span>he change in purchasing power on the other hand which also result in change in consumption is referred to as the income effect.</span>

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This is an example of outsourcing, which is when domestic jobs are sent to countries overseas to take advantage of the lower costs.

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3 years ago

The world is organized by countries and with globalization the world is organized by multinational organizations. First explain

AVprozaik [17]

Answer:

Countries typically have greatest power of inspirations for the most part because of their control and magistrates powers and powerful controls like variations in restrictive setting to satisfy national financial wants. but they'll be limited by Global bodies complete authorizations similar to however United Nations agency bailed out Ellas with non-indulgence measures, however United Nations obligatory authorizations on varied smaller countries, etc.

Correspondingly even massive transnational companies have influence because of their sturdy political association, media backing, generous market portion and client base, Depending concern in minds of state because of their disappointment if any which might cause common negative consequences, but this power is proscribed once direction sees various players UN agency cn additional such massive companies.

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3 years ago

Traditionally, the music industry signed multi-year contracts with artists and sold copyright-protected music through establishe

Anna [14]

Answer:

d) standard; fast

Explanation:

Standard cycle market is defined as a market where a company's products (competitive advantage) are shielded from imitation. This is seen in the given scenario as multi-year contracts with artists and sold copyright-protected music through established distribution channels.

Fast cycle market on the other hand occurs when the competitive advantage of a company is not shielded from imitation. The imitation occurs regularly. In the given scenario this is exemplified by a shift to the digital format and the rise of Internet technology have resulted in the sharing of music over peer-to-peer networks, a practice the industry calls "piracy

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3 years ago

What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 7 years if the appropriate disco

zvonat [6]

The current value of a zero-coupon bond is $481.658412.

<h3>What is a zero-coupon bond?</h3>

A zero coupon bond (also known as a discount bond or deep discount bond) is one in which the face value is repaid at maturity.
That definition assumes that money has a positive time value.
It does not make periodic interest payments or has so-called coupons, hence the term zero coupon bond.
When the bond matures, the investor receives the par (or face) value.
Zero-coupon bonds include US Treasury bills, US savings bonds, long-term zero-coupon bonds, and any type of coupon bond that has had its coupons removed.
The terms zero coupon and deep discount bonds are used interchangeably.

To find the current value of a zero-coupon bond:

First, divide 11 percent by 100 to get 0.11.

11%/100 = 0.11

Second, add 1 to 0.11 to get 1.11.

1 + 0.11 = 1.11

Third, raise 1.11 to the seventh power to get 2.07616015.

1.11⁷ = 2.07616015

Divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $481.658412.

$1,000/1.2653 = $481.658412

Therefore, the current value of a zero-coupon bond is $481.658412.

Know more about zero-coupon bonds here:

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1 year ago

The government wants to make Medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the

ArbitrLikvidat [17]

Answer:

A. elective surgery due to its lower marginal utility per dollar of expenditure.

Explanation:

As there is non essential elective surgeries, as from government's point of view since it is non essential that is not required and not utilized by major citizens of the country, and since there is requirement of budget cut-down. The government shall remove elective surgery.

as the amount of expenditure involved in these surgeries is also high and the resulting utility for each surgery is really low, it shall be removed.

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3 years ago

When the price of a good rises, consumers buy a smaller quantity because of the ________ effect and the ________ effect?

When the price of a good rises, consumers buy a smaller quantity because of the effect and the effect?