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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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Joel is behaving in a totally unprofessional & unethical manner

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As such, when Joel discovered the cost discrepancy during the reconciliation, it was actually his responsibility to call the bank's attention to the variance. This is something that clearly falls under his job specification & can be considered as neglect of duty. Joel's decision defeats the very purpose of bank reconciliation, which is to correct any such discrepancy & to the ensure the rectification of transactions. Most importantly, the decision Joel plans to take is very unethical & is against standard accounting practices

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A decrease in transfer payments has the same basic effect on aggregate demand as?
SashulF [63]

A decrease in transfer payments has the same basic effect on aggregate demand as larger the marginal propensity to save.

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.

When the change in the  transfer payments, it affects the consumption level of the individual, which results in the shift in the aggregate demand of the product.

Therefore, it can be concluded that A reduction in transfer payments has the same basic effect on aggregate demand as an increase in the marginal propensity to save.

Learn more about aggregate demand here:

brainly.com/question/24319248

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