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bogdanovich [222]
3 years ago
14

Suppose there is a decrease in the price of butter. What do we expect to happen to the demand for bread? Assume that bread and b

utter are often consumed together. Select the correct answer below:
a. There will be a decrease in demand for bread.
b. There will be an increase in demand for bread.
c. There will be no change in the demand for bread and no movement along the demand curve.
d. There will be no change in the demand for bread, but there will be a movement up along the demand curve for bread.
Business
1 answer:
dimulka [17.4K]3 years ago
3 0

Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.

<h3>Option (B) is correct</h3>

<u>Explanation:</u>

Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other

If the Price of butter decreases,  it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.

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An investor who goes short in a futures contract will pay any increase in value of the underlying asset and will receive any decrease in value in the underlying asset

<h3>Who is an investor?</h3>

An investor is an individual who has invested certain amount of money in a business, firm or organization.

There is an agreement on the amount invested and how profit will be shared in the business.

Therefore, an investor who goes short in a futures contract will pay any increase in value of the underlying asset and will receive any decrease in value in the underlying asset.

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the answer is the first sentence and the last

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The correct word for the blank space is: Market.

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É uma estratégia competitiva que busca alcançar retornos máximos dos produtos que estão na fase de declínio do seu ciclo de vida
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