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Yuki888 [10]
3 years ago
14

The substitution effect is the portion of a change in quantity demanded that is due to a change in the relative price of the goo

d.
Question 8 options:

True

False
Business
2 answers:
statuscvo [17]3 years ago
7 0

Answer:

Option A.) TRUEE

Explanation:

Serga [27]3 years ago
6 0

Answer:

True

Explanation:

The <em>Substitution Effect</em> is the effect on the demand of a certain product because of variations of the prices of the product or the income of households. The concept illustrates how quantities demanded of a product decrease as the population find other products to substitute it.

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Please give the options in order for us to determine which is best.
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The presence of media hubs, coalitions focusing on specific environmental challenges, and headquarters for multinational corpora
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Answer: B

Explanation: Are linked globally in ways that transcend national political boundaries

4 0
3 years ago
Read 2 more answers
Place each of the folowing transactions in one of the four components of expenditures:a. Boeing sells an airplane to the Air For
ozzi

Answer:

Boeing sells an airplane to the Air Force is purchases by the Government

Boeing sells an airplane to the American Airlines is Investment

Boeing sells an airplane to the Air France is net exports

Boeing sells an airplane to the Amelia Earhart is Consumption

Boeing builds an airplane to be sold next year is an Investment

Explanation:

Purchases by Government represent goods and services bought by Federal,State or Local tier of Government and Air Force is part of the Government

Investment refers to goods bought in order to produce other goods or services,since American Airlines would convey passengers in the airplane,no doubt it is an investment.

Net export exports relate to worth of goods and services provided to other nations less the value of such goods and services the foreign nations provided to ours.Since the sale to a foreign company,it is ultimately a net exports taking import as zero.

Consumption refers to sale of goods and services to private individuals intended for private use.

Building up stock for sale next year is an investment in inventory.

5 0
3 years ago
The interest rate on a 1-year canadian security is 8%. the current exchange rate is c$ = us $0.78. the 1-year forward rate is c$
leva [86]
Answer: 5.23% 
Explanation:
 Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
 Let X represent the return earned by the U.S. investing in Canadian security
 x = 1+((1+r)*f/c)
 x =1+(1.08*[0.76/0.78])
  = 5.23%.

6 0
3 years ago
Which of the following is an example of price discrimination? a. An online bookstore charges more for overnight shipping than st
Vladimir [108]

Answer:

c) Hotel rates for AAA members are lower than for nonmembers.

Explanation:

In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the <u>same</u> service/product but at different costs

If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.

Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.

8 0
4 years ago
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