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3 years ago

Consider the market for mobile applications, smartphones, and conventional phones. Each pair are they complements or substitutes

Business

1 answer:

madam [21]3 years ago

5 0

Explanation:

Complements and Substitutes are basically the goods or services. Complements are the goods which are used with one another, and with the increase of price of one good, the demand of other good falls. On the other hand, substitutes are the goods which are used in place of other goods and with the increase in the price of one good, the demand of other product increases.

In this question, Mobile Applications and Smart Phones are Complements, and Smart Phones and Conventional Phones are Substitutes, and Mobile Applications and Conventional Phones are substitutes.

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A restaurant review published in the local newspaper is an example of ________.

V125BC [204]

A restaurant review published in the local newspaper is an example of publicity. When the review they can increase the number of customers.now a days nobody is visiting restaurants without checking reviews. Negative reviews will definitely spoil the business. Hotel with more positive reviews using it for publicity.

6 0

3 years ago

Your grandfather put some money in an account for you on the day you were born. You are now years old and are allowed to withdra

sergij07 [2.7K]

Answer:

Missing word "You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate."

a. At 18 years, future value of current amount (compounded for another 7 years at 8%)

= $3,996 * (1.08)^7

= $3,996 * 1.7138

= $6,848.34

b. At age 65, future value of this amount (compounded for another 40 years at 8%)

= $6,848.44 * (1.08)^40

= $6,848.44 * 21.7245

= $148,779.93

c. Future Value = Present Value * (1 + Interest Rate)^n

So, let initial the money deposited be represented by Y

=> $3,996 = Y * (1.08)^18

=> $3,996 = Y * 3.996

Y = $3,996 / 3.996

Y = $1,000

8 0

2 years ago

A speaker says, "because the japanese make the best stereo sound systems in the world, you should consider buying a japanese-mad

Advocard [28]

The speaker is using the fallacy of building on an unproven assumption. The speaker has made the assumption that the Japanese make the best stereo sound systems in the world. This is merely his/her opinion, and is not a proven fact. Thus, when the speaker bases another argument on that assumption, he has used a fallacy in reasoning.

7 0

3 years ago

Orion Steel is the chief provider of metals to Accline Cars, which manufactures twomodels of vehicles-cars and large buses. Accl

lesya [120]

Answer:

E. a conflict between Accline Cars and its dealers.

Explanation:

As for the information provided,

We know a vertical conflict refers to a kind of conflict between two different people in the same channel of sales, in which they are not on the same level.

The conflict between Accline cars and its dealers is a conflict in the same chain, in between two different people, and at two different positions.

This clearly demonstrates that the conflict is in between the supplier and the dealer, within the same chain representing a vertical chain.

6 0

3 years ago

He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the

Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

4 0

2 years ago