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klasskru [66]
3 years ago
11

When consumers purchase computers, they also often purchase virus protection to take care of the computer. As the price of a com

puter falls, the demand for virus protection shifts to the right. This means computers and virus protection are Choose one: A. substitutes B. normal goods C. complements D. inferior goods
Business
1 answer:
Natali5045456 [20]3 years ago
5 0

Computer and virus protection is referred to as the complementary goods.

Explanation:

Complementary goods are referred to as that good where use of one good is linked with the use of other goods. Suppose in this case when a consumer buys a computer he or she also buys a virus protection, they act as a complementary goods. When the price of the computer falls there will be increase in the demand of virus protection as a result there will be a rightward movement or shift  of the  demand curve.

On the other hand when the price of the computer increases there will be fall in the demand of virus protection because due to rise in price there will be fall in demand that is people will buy less and the demand curve will shift leftward.

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Arbitration is a noncoercive method of resolving a dispute between employer and union.
xeze [42]
A. True is the answer

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4 0
3 years ago
Which of the following terms refers to a promise made to lenders by a borrower?
Natali5045456 [20]

Answer:

Covenant.

Explanation:

A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

4 0
3 years ago
Required: 1-a. Calculate the future value at the end of three years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropr
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Answer: $2,398.55

Explanation:

The deposit at the end of year one would have been compounded by 2 years at the end of year 3. The second year deposit would have compounded by 1 year and the third year deposit would not have compounded at all.

The future value at the end of 3 years is;

= (500 * ( 1 + 11%)²) + (750 * ( 1 + 11%)) + 950

= $2,398.55

<em>The question might not be the exact same but you can use this as a reference. </em>

6 0
3 years ago
Gwen's decision to buy a new television instead of a bicycle for the same price a. means that opportunity cost is zero since bot
Mandarinka [93]

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A.

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6 0
3 years ago
Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances imm
avanturin [10]

Answer:

Total finance charge=$23.75

Explanation:

<em>The amount charged for the use of the fund by a bank is called interest rate. Here it is quoted as 21% per annum but we will need to determine the approximate monthly rate by dividing by 12</em>.

The total finance charge will be equal = Interest rate + advance fee

Monthly interest rate = 21/12 =1.75%

Interest payment = 1.75%× $500=$8.75

Advance fee = 3%× $500= $15

Total finance charge = $8.75 +  $15= $23.75

Total finance charge=$23.75

6 0
2 years ago
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