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navik [9.2K]
3 years ago
10

sellers of good X took in $100 in total revenue on sales of 50 units of good X. This month sellers of good X raised their price

and took in $120 in total revenue on sales of 40 units of good X. At the same time, the price of good Y stayed the same, but sales of good Y decreased from 40 units to 20 units. We can conclude that goods Y and X are
Business
1 answer:
Anettt [7]3 years ago
6 0

Answer: complementary goods.

Explanation:

A complementary good is a good that is used together with another good. Complementary goods usually have low utility when consumed alone.

Complementary goods usually have a negative cross price elasticity.

Negative cross price elasticity means that as the price of a product increases, the demand for the complement falls.

As the price of X increased, the quantity demanded of Y fell.

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Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in OptiBank through Newt's investment f
alukav5142 [94]

Answer:

A. Undue influence

Explanation:

Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.

In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.

Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.

6 0
3 years ago
Has a _____ percent of chance of being schizophrenic.
Gwar [14]
30 is the answer I think
8 0
3 years ago
Return on assets is equal to:________
Sunny_sXe [5.5K]

Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>

An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.

Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.

Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.

Learn  more about assets here brainly.com/question/25746199

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6 0
2 years ago
The optimal point on a production possibilities curve is achieved where Multiple Choice large amounts of capital goods are produ
Yuki888 [10]

Generally, on a production possibilities curve, the optimal point is achieved where each good is produced at a level where marginal benefits equal marginal costs.

<h3>What is an optimal point?</h3>

On a graph, this refers to the best or most favorable point on a graph curve etc

Hence, on the a production possibilities curve, the optimal point is achieved where each good is produced at a level where marginal benefits equal marginal costs.

Therefore, the Option B is correct.

Read more about optimal point

<em>brainly.com/question/92653</em>

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6 0
2 years ago
Suppose the cost of capital of the Gadget Company is 10 percent. If Gadget has a capital structure that is 50 percent debt and 5
myrzilka [38]

Cost of equity capital is closest to: 16 percent

Solution:

WACC is covered on page 120 Corporate Finance, under Capital Structure.

Using the standard equation for WACC = %wt Equity x cost of equity (re) + %wt Debt x cost of debt (rd).

Since there is a 20% tax rate for the firm, the cost of borrowing is reduced by that amount. So the cost of debt is 4%, not 5%.

Plug the formula: 10% = 50% x re + 50% x 4%

The formula ( i.e. 0.1+(0.1-0.05)(1)(1-0.2)) in CFAI reading is questionable.

The calculation is 0.1+(0.1-0.05*(1-0.2))*(1)=16%

7 0
3 years ago
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