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AnnZ [28]
3 years ago
9

Consider the market for mobile applications, smartphones, and conventional phones. For each pair, identify whether they are comp

lements or substitutes:
a. Mobile applications and smartphones
b. Mobile applications and conventional phones
c. Smartphones and conventional phones
Business
1 answer:
Bogdan [553]3 years ago
8 0

Answer and Explanation:

The complementary goods are those goods which are used together while on the other hand the substitute goods are those goods that are used in place of one another

Based on this, the classification is as follows

1. Complementary goods

2. Substitute goods

3. Substitute goods

The above represents the classifications

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3 years ago
Select all that apply select the policies that are intended to encourage economic growth.
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If a government is trying to encourage economic growth, they would do all of these things except raise taxes. Raising taxes has the opposite effect and will slow growth because it takes more money out of the economy that could be used for growth and expansion.

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What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,
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B. I and II only

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7 0
3 years ago
During February 2018 its first month of operations, the stockholders of Bonita Enterprises invested cash of $49500. Bonita had c
hichkok12 [17]

The balance in Cash at February 28 = $44900

<u>Explanation:</u>

Given:  

Cash invested by stockholders of Bonita Enterprises = $49500

Cash revenues of Bonita = $10100

Expenses paid by Bonita = $14700

Calculation of balance in cash as follows:

The balance in Cash at February 28 = Cash Invested + Cash Revenues - Paid Expense=$ 49,500 + $ 10100 - $ 14,700= $ 44900

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5 0
3 years ago
Products that the consumer purchases such as insurance, burial services, or emergency car-towing are known as ___________ goods
Len [333]

Answer:

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