1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
2 years ago
8

As the price of good X rises from $10 to $12, the quantity demanded of good Y rises from 100 units to 114 units. Are X and Y sub

stitutes or complements
Business
1 answer:
Darina [25.2K]2 years ago
4 0

Answer: Substitute

Explanation:

Substitute goods are the goods that can be used for the same purpose. Complement are the goods that are used together e.g. car and petrol.

It should be noted that when the price of a good increase, people move to the substitute and this will being about the rise in the quantity demanded of the other good.

Therefore, as the price of good X rises from $10 to $12, the quantity demanded of good Y rises from 100 units to 114 units shows that the are substitutes.

You might be interested in
Why is it important to compute real GDP?
levacccp [35]

Answer:

C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next

Explanation:

Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.

Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.

3 0
3 years ago
An agent is aggrieved by an action of the administrator summarily suspending that person's registration. the agent can:
IRINA_888 [86]

If the Administrator summarily suspends an agent's registration, the agent (who is not too happy about this!) can request a hearing in front of the Administrator.

A person chosen by the court to manage the estate of someone who passed away without a will is known as an administrator in law. An official appointed under an Administration Order in regard to a business that is having financial difficulties as an alternative to liquidation, as defined by British bankruptcy law.

An administrator is essential to the efficient operation of a firm and provides office support to either an individual or a team. They might be in charge of answering phones, welcoming and guiding guests, word processing, making spreadsheets and presentations, and filing.

Learn more about administrator here

brainly.com/question/26096799

#SPJ4

7 0
1 year ago
In a Team environment, a Coordinator is?
ValentinkaMS [17]
Yes the answer is ymb=x your welcome
8 0
2 years ago
Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative in
ValentinkaMS [17]

Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative individual. Beagle used the trait approach. This is further explained below.

<h3>What is the trait approach?</h3>

Generally, An individual's attributes are used as indicators of their personality in a trait-based approach.

In conclusion, Beagle Boutique recently tried to find a middle manager. They were seeking someone who was energetic, clever, and creative. Beagle used the trait approach

Read more about The trait approach

brainly.com/question/25937970

#SPJ1

3 0
1 year ago
XYZ stock is trading at $25.75 and XYZ Jul 25 calls are trading at a premium of $2. What is the time value of the Jul 25 calls
RSB [31]

Answer:

$125

Explanation:

Time value = Premium - Intrinsic value

Premium. = 2 or $200 i.e 2×100

Intrinsic value = 75

= $200 - $75

= $125

5 0
3 years ago
Other questions:
  • When a hurricane rips through florida, the price of oranges rises because the:
    14·1 answer
  • The constitutions of most of our States assert, that all power is inherent in the people; that they may exercise it by themselve
    8·2 answers
  • involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance. a. Con
    15·1 answer
  • While your hands are on home row, your left hand rests lightly on _____. z x c v j k l ; q w e r a s d f
    8·2 answers
  • Which of the following would indicate an improvement in a company's financial position, holding other things constant? The curre
    8·1 answer
  • Which of the following is​ (are) responsible for managing the money supply in the United​ States? A. the Federal Open Market Com
    7·1 answer
  • In doing aggregate planning for a firm producing paint, the aggregate planners would most likely deal with: a. Gallons, quarts,
    7·1 answer
  • 8. A company manufactures two products X and Y. Each product has to be processed in three departments: welding, assembly and pai
    10·1 answer
  • Which form of market segmentation is Coca Cola using when they look at the values, attitudes, and lifestyle of their target mark
    14·2 answers
  • The owner of a bicycle repair shop forecasts revenues of $236,000 a year. Variable costs will be $69,000 and rental costs for th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!