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iren2701 [21]
3 years ago
6

In the market for desk lamps, which of the following will increase demand? Choose one or more: A. If desks are a complementary g

ood for desk lamps, the price of desks decreases. B. If desks are a complementary good for desk lamps, the price of desks increases. C. If income increases and desk lamps are normal goods. D. If income increases anddesk lamps are inferior goods. E. If floor lamps are substitute goods for desk lamps, the price of floor lamps increases.
Business
1 answer:
Alexxx [7]3 years ago
6 0

Answer:

A. If desks are a complementary good for desk lamps, the price of desks decreases.

D. If income increases and desk lamps are inferior goods.

E. If floor lamps are substitute goods for desk lamps, the price of floor lamps increases.

Explanation:

In order to increase the demand of the desk lamps, the options A, D and E seem suitable.

If desks are a complementary good for desk lamps, the price of desks decreases. People would buy more desks which would lead to an increase in lamp sales.

If income increases and desk lamps are inferior goods. that would mean that lamps are a cheaper commodity and is in income range.

If floor lamps are substitute goods for desk lamps, the price of floor lamps increases. This would lead to shift in demand from floor lamps to desk lamps.

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The internal customer base for a fire and emergency service organization is made up of employees and members of the organization
Oksana_A [137]

The external customer base of the fire and emergency service organization include members of the public.

<h3>Who are the external customer base?</h3>

An external customer base is made up of customers of a business that are not within the organisation and do not have access to non-public information.

To learn more about external customers, please check: brainly.com/question/14565267

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8 0
2 years ago
6. Network monopolies The value of a network good as the expected number of units sold increases. Which of the following is an a
LuckyWell [14K]

Answer:

The authorities would issue a complaint if the network monopoly undertakes predatory practices to maintain its monopoly position

Explanation:

A monopoly is when there is only one firm operating in an industry.

The antitrust policy ensures the monopoly doesn't abuse its power and to protect consumers.

Predatory pricing is when a business sets its price very low with the intent of chasing out competitors from the market. This violates antitrust policy and as a result authorities would intervene.

I hope my answer helps you

3 0
3 years ago
When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending and a recess
yKpoI14uk [10]

Answer: Option (C) is correct.

Explanation:

Correct option: A coordination failure has occured.

When it was observed that most of the consumers and firms decreases their spending because they expect that some other consumers and firms decreases their consumption or spending and this will lead to a recession in an economy. So there is a coordination failure has occured.

Coordination failure is generally occurs when some of the firms can achieve a desirable equilibrium but unable to achieve it because they are not be able to coordinate with their decision making.

4 0
3 years ago
The variable cost to produce a widget is $64, with fixed costs of $1,400. If you sell the widgets for $120 per piece, the break-
kondaur [170]

Answer:

The break even point is 25 units.

Explanation:

The break even point is where you have no gain, because the amount of sales in dollars is enoguh to cover your fixed costs. It is calculated

\frac{Fixed.costs}{Contribution.margin}

where the contribution margin (or CM) is the difference between price and variable cost. So, the CM in this case is 120 - 64 = 56.

Finally, the break even point is \frac{1,400}{56} = 25

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A disaster is a catastrophe. If a marriage reception is disrupted by means of a fistfight among the bride and her new mom-in-law, you can name the occasion a catastrophe. Catastrophe comes from a Greek phrase which means "overturn." It initially referred to the disastrous finish of a drama, normally a tragedy.

Is COVID a catastrophe?

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What makes a catastrophe?

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7 0
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