Goods a and b are substitute goods.
<h3>What are S
ubstitute goods?</h3>
Substitute goods are goods with similar characteristics that enables consumers or producers use them in place of one other in either the production or consumption process. An example of substitute goods are black pens and blue pens.
if the price of one of the goods in the substitute pair increases, the demand for the substitute increases and if the price of one of the substitute good reduces, the demand for the substitute increases. Thus, there is a positive relationship between the price of one of the substitute pairs and the demand for the other substitute pair, all things being equal.
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Answer:
Explanation:
Amount actually received = Initial amount - interest payment
Interest payment = 10,000*12%/2 = 10,000*6% = 600
Amount actually received = 10,000-600 = $9,400
Carly’s actions could be considered to be clearly legal
though they are ethically uncertain. It means that her actions are legal, she
is not doing any harm towards the people who wants to have the job or she did
not break any law though it is ethically uncertain because the way she hires
them because of her findings is not something to be certain or whether it
should be applicable.
Answer:
the amount required to be borrowed is $1,030.60
Explanation:
The computation of the amount required to be borrowed is given below:
= (Sufficient money + loan fee) ÷ (1 - given percentage)
= ($1,000 + $10) ÷(1 - 0.02)
= $1,030.60
Hence, the amount required to be borrowed is $1,030.60
We simply applied the above formula so that the correct value could comes and the same should be relevant
Answer:
The correct answer would be option B, Get information about the benefits they provide to their employees.
Explanation:
When a person applies for a post in an organization, it is better for him to have some useful knowledge about the working and atmosphere of the organization, so that he will be able to answer the questions according to the level of organizational environment. So the best way to have some information about the company is to get information about the benefits they provide to their employees. This will give you an insight into the fact that how they value their employees and how they treat them. For example, if you come to know that they provide medical facilities, over time allowance, day care service for the working moms, provide residence for employees hired from other cities, etc, then you will have an idea that they treat their employees well and there would be a calm and family like atmosphere when you will go to give interview. Other options are the ones which won't be so much helpful in knowing the organizational culture and won't give enough information about the company.