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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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In the market for financial capital, ________.a. those who demand financial capital receive interest on loans. b. those who supp

Flauer [41]

Answer:

The answer is C.

Explanation:

In financial market, it is the money that customers save that is available for loans. So customers supply money for loan into the financial market, and the demand for this money makes loan.

The financial markets help to save money for the future and to borrow money for current use.

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3 years ago

Luis refuses to shop at big box stores, preferring to do his shopping locally. He reads in the paper that one of these stores wi

Trava [24]

Answer:

Selective retention.

Explanation:

Selective retention occurs when a person more easily remembers things that are closer to their beliefs, values, and Interests than things that are not.

Luis does not want to do his shopping at big box stores but prefers to shop locally. So when he reads about one of the big box stores (which is not his preference) is doing a big sale next week, he does not remember it because it is not consistent with what he wants. This is an example of selective retention.

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3 years ago

16) If the supply of iPads increases, then

trasher [3.6K]

Answer: The market demand curve for soft drinks will shift to the left and the market supply curve will shift to the left as well: equilibrium quantity will decrease and the equilibrium price may rise, fall, or remain the same. The graphs below illustrate this idea.

Explanation:

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2 years ago

Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,500 per year. An

Ahat [919]

Answer:

equivalent annual cost: 19,784.81

The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.

Explanation:

We calcualte the PMT of a 75,000 dollars equipment at 10%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 75,000

time 5

rate 0.1

$75000 \div \frac{1-(1+0.1)^{-5} }{0.1} = C\\$

C $ 19,784.811

EPA fines: <u> </u><u>$ 18,500.00 </u>

differential: (1, 284.81)

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3 years ago

The two general kinds of trade barriers are _____.

lana66690 [7]

I think the answer is A

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3 years ago