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natulia [17]
3 years ago
12

If consumers often purchase muffins to eat while they drink their lattés at local coffee shops, what would happen to the equilib

rium price and quantity of lattés if the price of muffins rises? a) Both the equilibrium price and quantity would increase. b) Both the equilibrium price and quantity would decrease. c) The equilibrium price would increase, and the equilibrium quantity would decrease. d) The equilibrium price would decrease, and the equilibrium quantity would increase
Business
1 answer:
Sophie [7]3 years ago
7 0

Answer: The answer is "b) Both the equilibrium price and quantity would decrease."

Explanation: In this case the goods are known as "complementary" which are those that must be used in conjunction with another in order to satisfy a consumer's need.

The relation of the complementary goods is negative, that is to say, the demand of one reacts in reverse to a change in the price of another.

For example, if the price of muffins increases, the demand for coffee will decrease. If the price of muffins decreases, the demand for coffee will increase.

In this case, if the price of muffins increases, there is a decrease in the demand for coffee and as a consequence the price falls, establishing a new amount of equilibrium.

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According to 54 leadership experts of 38 countries, there are two key components to leadership. The first is the ability to pers
aev [14]

Answer: Enablers

Explanation:

Years ago, 54 leadership experts from 38 countries reached a consensus on leadership.

They agreed that leadership should be about influencing, motivating, and enabling others to contribute towards the goals of the Organization that they work for.

This consensus had 2 parts.

Firstly, leaders motivate others through persuasion and otherinfluence tactics.

Secondly and relatively more important in this question, leaders act as ENABLERS.

They ENABLE those under them by distributing resources, minimizing disruptions and just generally by being leaders to their subordinates to make it easier for the goals and objectives of the company to be realized.

3 0
3 years ago
Saskatchewan Forestry Company purchased a timber tract for $225,000 and estimates that it will be depleted evenly over its 10-ye
ale4655 [162]

Answer:

generally you need to determine the cost per unit, but in this case you are given a percentage of depletion = 10% x $225,000 = $22,500  which determines the inventory value (or depletion expense if the timber is sold) during the year.

the journal entry should be:

December 31, 20xx

Dr Timber inventory 22,500

    Cr Accumulated depletion - timber tract 22,500

5 0
3 years ago
Half of brainly rn <br> ...............
Svetach [21]

Answer:

it is one-fourth of the no whose half is taken

3 0
2 years ago
Read 2 more answers
If you could make an online clothing business, what would be your mission and vission staement?
Papessa [141]

A mission statement defines the company vision and objectives.

A vision statement focuses more on the future goals and is usually longer than a mission statement because it covers things company purpose, goals, how it will be achieved, etc.

3 0
3 years ago
Butte sold a machine to a machine dealer for $50,000. Butte bought the machine for $55,000 several year ago and has a claimed $1
pishuonlain [190]

Answer:

c. $7,500 ordinary gain  

Explanation:

Depreciated value of Machine = $55,000 - $12,500  

                                                   = $ 42,500

Sale price of Machine = $ 50,000

Gain on sale of Asset = $ 50,000 - $ 42,500

                                    = $ 7,500

Therefore, The amount and character of Butte's gain or loss is $7,500 ordinary gain.  

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3 years ago
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