1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skelet666 [1.2K]
3 years ago
9

College students living off-campus frequently consume large amounts of ramen noodles and boxed macaroni and cheese. When they fi

nish school and start their careers, their consumption of both goods frequently declines. This suggests that ramen noodles and boxed macaroni and cheese are:
Social Studies
1 answer:
777dan777 [17]3 years ago
4 0

Answer:

substitute goods.

Explanation:

The concept of good substitution is an important subject of the study of microeconomics and allows predictions about price behavior and demand for certain goods. In short, substitute goods may be regarded as competing goods for the same consumer. Let's say there are two goods, good A and good B, and that they are substitutes. This means that the consumer will choose to consume either good A or good B, but never both at the same time. Substitute goods are the exact opposite of complementary goods.

The most common substitute good example is beef and chicken. These goods are so substitutes that a change in the price of one of them tends to influence demand for the other good. Another example is the consumption of ramen noodles and boxed macaroni and cheese, which are often eaten by college students but are abandoned by other products once students finish school and start their careers.

You might be interested in
Write about an experience that changed your way of thinking
alex41 [277]
Seeing a bright starry night and gazing up into the universe
3 0
4 years ago
Which section of the project management plan includes external interfaces, internal structure, as well as roles and responsibili
kkurt [141]

Project Organization secontion includes "external interfaces" "internal structures" and "roles and responsibilities"

Explanation:

  • Project organization implies a method, that provides the arrangements and decisions about the accomplishment and the process of the project. The roles and responsibilities are categorized and assigned, the rules of the teamwork are defined and the data system is defined during the project organization. Project organizations are comparatively new and not widely documented. The project manager’s main concern is the successful management of the project’s process interfaces. The project manager is ultimately liable for the on-time, in-budget, to-scope completion of his project. It is, therefore, his ability to manage and organize the work of the operative groups to accomplish these project scope, cost and schedule targets.
  • Functionally managers have responsibility for:
  • Performing work in their functional area on schedule, in the budget, to scope.
  • Implementing functional policy and procedural guidelines.
  • Producing trained staff.
  • Sustaining technical excellence.
  • Planning, organizing, and managing functional groups work to accomplish project budget, schedule, and scope targets.
  • Instigating and ensuring corrective action wherever necessary to assure the execution of these targets.

7 0
3 years ago
Read 2 more answers
What causes differences in elevation on earth?
Serhud [2]
<span>the density and thickness of the crust</span>
4 0
4 years ago
Read 2 more answers
What do the petitioners find objectionable about non-english immigrants to pennsylvania?
Tresset [83]
One of them is that the immigrants basically made no effort to learn English and assimilate with their culture in that region.
This make them fear the possibility that they will form their own army in Pennsylvania region and started to overthrow the government and taking the land as they pleased.
5 0
3 years ago
Billy's job is 5 miles away. He can either ride the bus for $3.00 a day or drive his very old
Snezhnost [94]

Answer:

Personal Opportunity Cost - Spare non drive time sacrifised

Social Opportunity Cost - Fuel efficiency (high pollution), Road Traffic (Congestion issues).

Explanation:

Opportunity Cost  is the cost of next best alternative, foregone while choosing an alternative. Bill can commute either by bus, or by self drive.

If Bill drives his car, opportunity cost for him is - the spare time sacrifised, that he could have used while car drive in some other activity (eg reading, listening music).

Opportunity Cost for society is - the fuel utilisation & road traffic management  efficiency sacrifised, by using private instead of public transport. This leads to more pollution, more congestion on roads.

7 0
3 years ago
Other questions:
  • During Reconstruction, many Southerners became increasingly angry, which was demonstrated by
    11·2 answers
  • Religion maintains control over behavior by providing a standard by which individuals may judge themselves and be judged by othe
    11·2 answers
  • ​people's worldview about how they feel about work, family, and politics is crystallized between the ages of
    8·1 answer
  • Meaning of flash back
    9·1 answer
  • Which of the following children is the most likely to express false belief in the tooth fairy?
    15·2 answers
  • When you read information on the internet you should always__
    11·2 answers
  • Are there 9 justice supreme courts
    11·1 answer
  • What are three things you might put in the key to a historical map of ancient trade routes?
    7·1 answer
  • P
    10·1 answer
  • The boundary where crust gives way to mantle is called the _______. A. Asthenosphere b. Mesosphere c. Mohorovicic discontinuity
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!