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natali 33 [55]
3 years ago
12

Suppose chips and salsa are complements. An increase in the price of salsa will cause: A. An upward movement along the demand cu

rve for salsa. B. A leftward shift of the demand curve for salsa. C. A leftward shift of the demand curve for chips. D. An downward movement along the demand curve for chips.
Business
1 answer:
tangare [24]3 years ago
6 0

Answer:

The correct answer is option A and option C.

Explanation:

Chips and salsa are complementary goods. An increase in the price of salsa will cause its demand to decline. This will cause an upward movement to the left on the demand curve for salsa.  

At the same price level, the demand curve for chips will shift to the left because of the increase in the price of salsa. This is because increase in price of salsa will lead to a decline in the demand for chips even though its price remains the same.

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Nookie1986 [14]
This answer should be C
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Wakefield Hospital has only one portable X-ray machine. The emergency room staff claim to have the greatest need for the machine
Anton [14]

Answer:

b. scarce resources.

Explanation:

Scarcity is one of the basic economic problems. Scarce resocurces means that resources needed to satisfy human wants are available in limited quantities.

In this question, the portable X-ray machine is the scare resource.

I hope my answer helps you

6 0
2 years ago
Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates
Lilit [14]

Answer:

b. The refusal has an anti competitive effect on the market.

Explanation:

When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.

This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.

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7 0
2 years ago
The taxes imposed under the social security act consist of:
inysia [295]
Two taxes on employers, two taxes on employees, OASDI and HI taxes and taxes on the net earnings of the self-employed 
3 0
2 years ago
A company uses LIFO. At the beginning of the current year its inventory was $200,000, and at the end of the current year its inv
andriy [413]

Answer:

FIFO ending inventory = $290000

Explanation:

given data

current year inventory = $200,000

end of the current year inventory = $250,000

start of the year LIFO reserve = $30000

end of the year  LIFO reserve = $40,000

solution

LIFO reserve is difference between inventory using LIFo and inventory using FIFO

so

FIFO ending inventory = LIFO ending inventory + LIFO reserve ...............1

put her evalue we get

FIFO ending inventory = $250000 + $40000

FIFO ending inventory = $290000

7 0
3 years ago
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