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8090 [49]
3 years ago
7

Suppose the price of a substitute to lcd televisions rises. what effect will this have on the market equilibrium for lcd​ tvs? t

he equilibrium price of lcd tvs will:_________
a. increase and the equilibrium quantity will increase.
b. not change and the equilibrium quantity will not change.
c. decrease and the equilibrium quantity will increase.
d. increase and the equilibrium quantity will decrease.
e. decrease and the equilibrium quantity will decrease.

Business
1 answer:
STatiana [176]3 years ago
4 0

Answer:

a. increase and the equilibrium quantity will increase. 

Explanation:

If the price of a substitute to lcd televisions rises, the demand for lcd tvs increase. This would lead to an increase in price and equilibrium quantity.

I hope my answer helps you.

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This is a gender based discrimination and is covered by Title VII of the CRA.

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Which of the following is the reason most people give for transferrin from a two year school to a four year school
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7 0
3 years ago
Kai operates the Surf Shop in Laie, Hawaii, which designs, manufacturers, and customizes surf boards. Hawaii has a hypothetical
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According to the Kai surf shop in Laie, Hawaii, below is the computation of sales and use tax of surf shop that must collect or remit.

A.

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B.

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7 0
3 years ago
how much would be in your savings account in 9 years after depositing $160 today if the bank pays 9 percent per year
levacccp [35]

In 9 years after depositing $160, in my savings account would be $289.6

The formula for simple interest and procedure we will use to solve this exercise is:

S.I.= (P*R*T)/100

Where:

  • P = principal
  • R = rate of interest in % per annum
  • T = time

Information about the problem:

  • P = $160
  • R = 9%
  • T = 9 years
  • Total amount = ?

Applying the simple interest formula, we get:

S.I.= (P*R*T)/100

S.I.= (160* 9*9)/100

S.I.= $129.6

Calculating the total amount that would be in my savings account, we get:

Total amount = P + S.I.

Total amount = $160 + $129.6

Total amount = $289.6

<h3>What is simple interest?</h3>

It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.

Learn more about simple interest at: brainly.com/question/20690803

#SPJ4

7 0
2 years ago
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