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Lesechka [4]
2 years ago
7

All of the following pairs of goods are substitutes except A. we observe the price of automobiles decreases and the demand for p

ublic transit decreases. B. we observe the price of bacon increases and the demand for eggs decreases. C. we observe the price of coffee increases and the demand for tea increases. D. we observe the price of tennis racquets decreases and the demand for golf clubs decreases.
Business
1 answer:
son4ous [18]2 years ago
6 0

Answer:

Option B: We observe the price of bacon increases and the demand for eggs decreases.

Explanation:

Substitute goods are a defined as goods that has near or a close replacement for each another that is the increase in price leads to an increase in demand for the goods. In substitute goods, price of one good and the quantity demanded of a related goods move in different (opposite) directions. Thus the answer of bacon and egg are as two goods are not substitutes.

A Common example of Substitute Goods includes; margarine and butter, turkey and chicken e. t. c.

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In applying the path-goal theory as a leader, you try to motivate your subordinates by helping them cope with environmental unce
antiseptic1488 [7]

Answer:

B

Explanation:

Rather than a leader using the situational approach in order to adapt their leadership style to meet the changing needs and development level of their followers, it is often times more beneficial for a leader to choose their behaviors and leadership style based on the characteristics of their followers and the work setting (North Ouse, 2016, p.93). The path-goal theory is a contingency theory that allows leaders to choose a leadership style that will motivate their followers to reach their goals, and help them steer clear of any obstacles they may come across in the process (Pennsylvania State University, 2019).

3 0
3 years ago
Which one of the following statements is correct? A) The lessor is primarily concerned with returning the asset at the end of th
Vanyuwa [196]

Answer: E) Lessors provide a source of financing for lessees.

Explanation:

A Lease is a form of financing because in financing, an entity provides funding in the form of assets whether cash or otherwise to another entity to allow them use to operate their business. The entity that was provided with funding will then pay a periodic payment as a way to pay off the funding.

This is what happens in leases. The Lessor is the owner of the asset and they lease it to the Lessee who then uses it and pays a periodic amount to the Lessor for using the asset.

6 0
2 years ago
According to mcclelland, managers who are extremely concerned about establishing and maintaining good interpersonal relationship
Svetlanka [38]
<span>According to mcclelland, managers who are extremely concerned about establishing and maintaining good interpersonal relationships have a high need for affiliation. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span><span />
4 0
3 years ago
On October​ 1, 2019, Fashion Jewelers accepted a​ 5-month, 11% note for​ $7,500 in settlement of an overdue account receivable.
Nataliya [291]

Answer:

The accrued interest on the note at December​ 31, 2019 is $206.25

Explanation:

Fashion Jewelers accepted a​ 5-month, 11% note for​ $7,500.

The amount of interest for 1 year = 11% x $7,500 = $825

The amount of interest for 1 month = $825/12 = $68.75

From October​ 1, 2019 to  December 31, 2019, Fashion Jewelers has accepted the note for 3 months.

The accrued interest on the note at December​ 31, 2019 = $68.75 x 3 = $206.25

7 0
3 years ago
Suppose that in some state the civilian, non-institutionalized adult population is 4 million, the labor force participation rate
shepuryov [24]

Answer:

8.33%

Explanation:

The computation of the unemployment rate is shown below;

Before computing it, first we have to determine the labor force which is

As we know that

Labor force participation rate = Labor force ÷ Total non-institutionalized adult population

75% = Labor force ÷ 4,000,000

So, the labor force is

= 4,0000,000 × 0.75

= 3,000,000

Now unemployment rate is

= Unemployed people ÷ Labor force

= 250,000 ÷ 3,000,000

= 8.33%

4 0
3 years ago
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