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3 years ago

Which of these statements is TRUE of complementary products?

Business

1 answer:

Schach [20]3 years ago

7 0

Answer:

D) An increase in the demand for one will usually result in an increased demand for the other.

Explanation:

Complementary goods are products used together. They are sold separately but add value to one another. Complementary goods will usually be a set of two or more goods that gives the consumer a higher utility when used together. Examples include Petrol and car, Tennis balls and tennis rackets, and DVD player and DVD disks to play in it.

Complementary goods experience joint demand. Should the demand for one complimentary goods increase, demand for the other product or service increases automatically.

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Which situations offer examples of banking and related services workers? select three options. anna analyzes loan applicants to

DedPeter [7]

Examples of banking and related services workers are;

Anna analyzes loan....
Aaron helps customers put money...
Jared researches the...

<h3 /><h3>What is banking?</h3>

Banking sweves as the business of protecting money for others, it involves lending if money and generating interest that creates profits .

Therefore, example of banking is when Aaron helps customers put money into and remove money from their accounts.

Learn more about banking at;

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1 year ago

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Pronunciation and enunciation have all of the following in common except a. Both involve how you articulate b. Both are importan

kompoz [17]

Answer:

both are tied to nonverbal communication

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1 year ago

Which one of the following actions by a financial manager is most apt to create an agency problem? Increasing current profits wh

MrRissso [65]

Answer: Increasing current profits when doing so lowers the value of the company's equity.

Explanation:

The main purpose of a company is to increase the wealth of shareholders. In their capacity as stewards for the company, managers should be working therefore to achieve this goal.

When management neglects this goal and begins to seek an improvement in their welfare and wealth instead of the shareholder', this is an Agency problem.

If a Financial manager is increasing current profits even though doing so will lower the value of the company's equity, this can create an agency problem because the shareholders are suffering but the finance manager might get rewarded for increasing profits.

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2 years ago

You are the manager of a popular hat company. You know that the advertising elasticity of demand for your product is 0.25. How m

Inessa [10]

Answer:

20%

Explanation:

if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%

The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.

3 0

2 years ago

Why might you choose an investment with high risk instead of one with low risk?

NeX [460]

The reason of choosing of investment with high risk instead of one with low risk because the high risks stocks, bonds are having more returns as compared to low risks, especially long term stocks.

<h3>What is high risk investment?</h3>

High risk investment is the one who have high chance of loss of capital or under-performance or have a great percentage of amount invested in some stocks.

Some high risk investments are Cryptocurrency, Individual Stocks, Initial Public Offerings, Venture Capital or Angel Investing, Real Estate and others.

Thus, The reason of choosing of investment with high risk instead of one with low risk

For more details about high risk investment, click here:

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2 years ago