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Nitella [24]
3 years ago
11

A and B are substitute goods and are priced the same. A complementary good of A increases in price while the price of the same c

omplentary good for B remains the same. According to the law of demand, with everything else being equal, what will happen to the demand of A
Business
1 answer:
dezoksy [38]3 years ago
3 0

Answer:

The demand for A will decrease

Explanation:

If A and B are substitute goods it means either A and B can be used in the place of the other as they satisfy same needs. Two goods are said to be complementary goods if the use of 1 of the goods requires the use of the other. For example if good A was a car, it's complementary good will be petrol.

Since A and B can be substituted for each other, if the price of a Complementary good for A increases, the demand for A will decrease because the law of demand says that higher prices causes decrease in demand. People will rather buy good B whose complement remains the same in price since it is cheaper.

I hope you find my answer useful.

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Which of the following is NOT true about licensing? a. The license fee could be based on a percentage of final sales revenue of
nordsb [41]

Answer:

The option that is not true about licencing is E) It involves slightly more risk to the licensee than licensor.

Explanation:

Licensing is a business arrangement in which one company gives another company permission to manufacture its product for a specified payment. Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee.

Usually, It is the licensor that that bears more risk. For instance, unscrupulous licensees have been known to manufacture licensed products and sell them under different brand names in order to tamper with the royalty payable to the licensor.

4 0
3 years ago
How much money should be deposited today in an account that earns 5% compounded semiannually so that it will accumulate to $14,0
AnnyKZ [126]
First, calculate for the effective interest.

   ieff = (1 + i/m)^m - 1

Substituting the known values,
  
  ieff = (1 + 0.05/2)^2 - 1
  ieff = 0.050625

Then, using the equation,

   F = P x (1 + ieff)^n

Substituting,

  14,000 = P x (1 + 0.050625)^3

The value of P from the equation is 12072.15612

<em>Answer: $12,072.16</em>
4 0
3 years ago
What are some examples of poor customer service you have encountered in the past, either as a
ivanzaharov [21]

Answer:

I have experienced three poor customer service as a customer. They are (A) Use of negative language (B) Unresolved Complaint (C) Unfulfilled promise.

Explanation:

To start with the use of negative language, I was once on a call with the customer service of my Pay-TV over issues of channels not being accessible even when I had an active subscription. The manner which the customer care representative responded to me gave the impression that it was an issue they might likely not have a solution to because she wasn't assuring me of a possible way out.

Also, I have once put across to my web hosting company over issues of persistent downtime. They told me it had been resolved but the reverse was the case. I had to place several calls before they finally got my website live again.

Last but definitely not the least, my internet provider promised to refund my money for a failed data subscription but they never did even when I had made it clear that I was no longer interested in their service.

3 0
3 years ago
Fort Bend ISD Middle School girls’ soccer team won 14 games and lost 5 games. Represent the ratio of wins to losses.
ArbitrLikvidat [17]

Answer:

14 /5

Explanation:

A win/loss ratio is an expression of won opportunities to lost chances. In this case, won games against lost matches.

The formula for win/loss ratio is as below

=no. of opportunities won/ no. of opportunities lost

In this case, a total of 14 games won and five games lost

i.e., 14 games won, five lost

=14/5

5 0
3 years ago
In 2004, Jamal lost his job as a shipbuilder. His shipyard never reopened, and his very specialized skills as a shipbuilder were
MrMuchimi

The best way to describe Jamal's unemployment would be <u>Structural</u>

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