A decrease in the price of complementary goods will shift the demand curve rightward.
A decrease in the price results in increase in demand for a good. Or a rightward move in the demand curve results an increase in both price and production of a complementary good in an economy.
When the price of a complementary good decreases, the quantity demand for that good increases, but the demand for the good that it is being complemented, decreases.
Complementary Goods refers a negative relationship with each other – which means that when price of the product 'A' increases , demand for product 'B' decreases. when price of product 'A' decreases , demand for product 'B' increases. Because in such a case more people now buy product 'A' because of the lower price. This relationship of complementary goods is known as ’negative cross-elasticity of demand.
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The correct answer to this question is 10 years old. Alton Middle School is the largest middle school in Illinois. It is approximately composed 1,500 students and has started in the year 2006. It has a school system that has a 'gifted' student program from 1st to 8th graders - thus covering the middle school.
Answer:
The recognized gains upon the sale is $2000.
Explanation:
As the cost of purchase of the equipment to Mathew is $15000 and the sale proceeds received is $17000. The gain is actually calculated as follows;
Gain = Sale proceeds –Cost of equipment
Gain = Matthew sells the equipment to an unrelated party for $17,000 – Matthew bought equipment for its fair market value of $15,000
Which is $1700 -$1500 = $2000
Therefore the recognized gains upon the sale is $2000.
Answer:
a) Permanent source of finance
b) Spontaneous source of finance
c) Permanent source of finance
Explanation:
With transaction b), The credit is for day to day operations making it a spontaneous funding but credit usually do not take more than 90 days to pay therefore temporal can also fit in nonetheless Spontaneous is more appropriate as the credit is a spontaneous source of funding.
1. The researcher is concerned about making a Type I error (which caused by incorrect rejection of a true null hypothesis), which concludes that there are differences between the placebo and medication groups when these are really due merely to chance.
2. <span> In order to decrease the likelihood of type I error, the researcher could reduce her probability (alpha) leve to .01 or even .001.
Other method that she could do even though it's not popular is reducing her sample size.
3. The same method to solve type 1 errors would not work in other studies. As the possibility of type 1 error increased, the possibility of type 2 error will be decreased (for example type 2 error could be reduced by </span><span>by increasing the power of your test)</span>
