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andrew11 [14]
3 years ago
10

How does an increase in the price of one good affect the demand for a complementary good?

Business
1 answer:
erica [24]3 years ago
4 0

Answer:

a point on the demand curve goes down

Explanation:

Complimentary goods are products used together to provide a solution to a customers' need. A complimentary good will not be of any use without its partner product. Complimentary goods exhibit a joint demand.  A rise or decline in the demand for one product will result in the demand for the product moving in the same direction.

An increase in the price of a product leads to a decline in its demand and the demand for its complementary goods.  A decline in demand leads to a price movement along the demand curve. As prices rise, demand decline resulting in the quantity moving downward along the demand curve.

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Each of the following is an example of corporate governance except : a. Adding non-executives to the board of directors b. Prope
Strike441 [17]

Answer:

C. Ignoring shareholders' rights

Explanation:

Corporate governance refers to the way corporate companies are controlled and directed. The board of directors provides corporate governance in a company. Good corporate governance establishes a  framework that protects shareholders' rights in the company.

Some of the shareholders' rights include

1.  Right to vote

2. Right to transfer ownership

3. Right to dividends

4. Right to inspect corporate documents

The board of directors must ensure fair treatment of all shareholders, including the minority. The board has to put in place mechanisms that address shareholders' concerns and offers redress when their rights are violated.

7 0
3 years ago
Which of these are most likely to be victim of information systems incidents like hacking?
fenix001 [56]
C. Finacial is the answer.
Welcome
8 0
4 years ago
Marcus, feeling stressed out from work, decided to search for a meditation app for his phone that would help him relax during th
sweet-ann [11.9K]

Answer: a. It merely conducted some activity outside of Alaska and that activity took place through a website.

Explanation:

CalmDown can use the defence that all it did was to conduct an activity through it's website and this happened to be outside Alaska.

As such the company is still bound by the state that it is registered in which in this case would seem to be in Alaska. They are not to be bound by the laws of another jurisdiction from the one they are registered to if the activity was done on the internet.

Marcus should therefore try to bring action against them in Alaska if he can.

7 0
3 years ago
If the U.K. exports 14 billion British Pounds of​ products, and imports 10 billion British pounds of​ products, its trade balanc
rodikova [14]

Answer:

D) 4 billion British pounds

Explanation:

Trade balance or balance of trade can be defined as the difference between a country's export and import at a particular period of time.

It could be a deficit or surplus.

Deficit trade balance refers to when the export of a country is less than it's import. This means more products are imported that exported.

Surplus trade balance refers to when export of a country is more than the import.

Import is the bringing in of goods from a foreign country. This means a particular country purchase goods from another country.

Export is the sending out of goods to a foreign country. That is the selling of goods to another country.

Trade balance= Export- Import

=14 billion British pounds- 10 billion British pounds

=4 billion British pounds

The trade balance that occurs here is surplus trade balance where export is more than import.

5 0
3 years ago
can someone who owns a successful business give me inspiration on achieving to be a successful business owner​
ziro4ka [17]

Answer: Have a sellable plan, be innovative & consistent

Explanation:

There are some things to consider that would guide you on a successful part in any venture you going into.

1) Have a plan, a sellable one; people would only buy what they need, so going into business, are you selling what they need or what you feel like doing?

2) Be innovative; innovation is one item that keeps you in market above others for a long time, if you can't be innovative, you'll leave the market earlier than you would ever imagined.

3) Be consistent; doing business is really hard, especially when you intend succeeding. You have to be consistent both in good and bad days, the result of these speaks over time.

8 0
3 years ago
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