Answer:
The answer is: Complementary goods and services
Explanation:
Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.
Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.
In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.
Taxed market forces are destroying the industries
Answer:
The percentage rate of growth from 2010 to 2011 is the 1237.3%
Explanation:
The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:
1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.
2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.
3. You replace the values in the following formula:
percentage rate or growth =(( <u> Final growth figure </u> ) ) x 100
Base figure
percentage rate or growth =(( <u> 73 </u> ) ) x 100
5.9
percentage rate or growth = 12.3728 x 100
percentage rate or growth = 1237.28
4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.
percentage rate or growth = 1237.3%
Answer:
option (c) $875 per year
Explanation:
Given;
Average cost of collision claims for careful drivers = $500 per year
Average cost of collision claims for for poor drivers = $3000 per year
Poor drivers known by the company = 15%
thus,
Careful drivers = (100% - 15%) = 85%
Therefore,
Insurance company's breakeven price for the collision insurance
= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)
= 0.15 × $3000 + 0.85 × $500
= $450 + $425
= $875 per year
Hence, the correct answer is option (c) $875 per year
When the Federal Reserve puts money into the banking system,<em> short term interest rates fall</em> <span>because there is more capital in the system. This means that banks are willing to take more risks.
>>></span><span>The </span>Federal Reserve<span> System—also termed as the </span>Federal Reserve<span> or the Fed—is the central banking system of the United States. </span>
