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Anastasy [175]
3 years ago
13

Milk is an input in the production of cheese, and cheese and bagels are complements. A decrease in the price of milk will ______

___ the producer surplus in the market for bagels.
Business
1 answer:
alexandr402 [8]3 years ago
5 0

Answer:

The correct answer to the following question is increase in the production of bagel .

Explanation:

Here it is given that milk is an input for cheese , and  also cheese and bagel are complementary goods, which means that there is an negative cross elasticity between cheese and bagel. So therefore when there is an decrease in the price of milk, which will also lead to decrease in price of cheese and thus, as per the negative cross elasticity when the price of one good decreases that means the production or output of other will increase and vice versa will also be true, so therefore the production of bagel would also increase.

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2 years ago
The number of dependents that people are choosing to have is ?
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<h3>What is the trend in dependants?</h3>

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Find out more on trends in population growth at brainly.com/question/521129.

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5 0
2 years ago
What is joint tenancy?
NeTakaya

Answer:

Explanation:

Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.

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Olegator [25]

Answer:

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Copper Corporation

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Vladimir [108]
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