Answer:
The answer is: Complementary goods and services
Explanation:
Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.
Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.
In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.
Answer:
People behavior with lump sum amount:
The experimental evidence shows that people always expect to be treated fairly. When people are treated unfairly, then they will reject the offer regardless of the value of money. Thus, the statement that "should not generalize the evident resulted from $10 experiment. When the size of money is large then people will react differently from the evidence" is false.
From the given description, Chip is using an experimental design called (A) matching.
Matching <u>is a type of experimental design where the researcher divide his or her samples into two groups of treatment conditions, which serves to ensure that before the treatment, both groups have the samples with the same characteristics, thus ensuring that the results of the experiment would not be influenced by any confounding variables that the samples have.</u>
Chip is doing this to ensure that samples that have been influenced by other variables which determine their decision to hire are distributed evenly in both the experimental and control group.
The accounts that affect equity are revenues, common stock, expense, and dividends.
The following information should be relevant for the equity:
- If there is an increase in revenue so the equity is also increased.
- If there is an increase in the common stock so the equity is also increased.
- If the expense is increased so it decreased the equity.
- If the dividend is paid so the equity is decreased
In this way, the equity account is affected.
Learn more about the equity here: brainly.com/question/3841249
