Answer:
Mobile Applications and Smart Phones are Complements
Smart Phones and Conventional Phones are Substitutes
Mobile Applications and Conventional Phones are substitutes.
Explanation:
Complement goods are goods that can be used or consumed together. E.g. car and gas. A car would not work without gas. A rise in price of a good leads to a fall in demand of the complement good.
Subsituite goods rival one another in consumption. They can be used in place of another good.
A rise in price of a good leads to a rise in demand of the other good.
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The party which is entitled to sue Midwest for its failure to honor the terms of the contract is Laurelei because she is the contract beneficiary.
Basically, the life assurance policy is a policy which promises to pay the beneficiary of the life assured a certain sum after the death of the life assured.
Here, the contract of assurance is valid because Thiago ensures continuous payment of his premium.
Thus, Laurelei who is a beneficiary to Thiago life assurance is entitled to the sum assured because she is included in the contract terms as a beneficiary since the inception of the contract.
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Cultural Problem.
Adaptation and localization of Business.
Intellectual Property Right (IPR)
Logistics Challenge.
Build Trust.
Sales & Distribution.
Increasingly competitive market.
Fake marketing challenge.
Answer:
<u>Cyclical unemployment</u> is 0% as the unemployment is in equilibrium, so it is no recession or boom.
<u>Structural unemployment</u><u> </u>is 20/500=4% There workers are not able to find jobs which is possible with their skill sets, thus it is part of structural unemployment,
<u>Frictional unemployment</u> is 10/500=2% as there is a time lag in finding the job they want and this is due to that.
Answer:
c. No, the new project would have a ROI of 12%
Explanation:
Given that
NOI from new project = $30,000
Investment for a new project = $250,000
Using residual income the Huskie make this investment is shown below:-
Lower than current = NOI from new project ÷ Average operating Assets or Investments
= $30,000 ÷ $250,000
= 12%
No, the new project would have a ROI of 12%