Answer: C
Explanation:
Complementary goods are a pair of goods that can be consumed together. If the price of one goes up, the demand for both fall. For example, if gas prices rise and stay consistently high, less people will be inclined to buy a car (at least from an economic standpoint)
Answer:
e invention process can vary from invention to invention, but the typical invention process involves the following steps:
(1) documentation
(2) confidentiality
(3) patent search
(4) patent application
(5) selling or licensing.
Explanation:
The fact that organizations so effective and well known are able to create a demand where it doesn't exist remains solid. Huge companies don't offer only items; they offer style, economic status, and so forth, for example a person might not like Starbucks but will use it to tell others about his status. With the correct showcasing, they can adjust their worldwide image to the local needs. That is the reason Starbucks figured out how to open many stores in China, a nation with the convention of tea drinking. Starbucks used a way to promote where Chinese did not felt threatened of losing their tea drinking culture.
Answer:
D. the price of onions
Explanation:
The price of onions leads to a change in the quantity demanded of onions. If price increase, the quantity demanded of onions fall all things being equal. If price falls, the quantity demanded of onions increases all things being equal.
The other factors affect the demand for onions.
I hope my answer helps you
Answer:
A. pivot rightward (pivot out) along the horizontal axis
Explanation:
Tea and coffee represent substitute goods. If price of a good increases, this causes an increase in quantity demanded of it's substitute.
In the given case, quantity demanded of tea is measured on horizontal axis while quantity demanded of coffee is measured on vertical axis. The budget constraint for tea and coffee shows different combinations of quantity of tea and coffee demanded within a fixed expenditure.
When price of coffee increases, within the same budget constraint, the quantity demanded of tea shall rise.
This would lead to the budget constraint to pivot rightward (pivot out) along the horizontal axis.