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riadik2000 [5.3K]
3 years ago
13

After firm A producing one good acquired another firm B producing another good, it lowered the prices for the bundle of goods. O

ne can conclude that the goods were:_________ a. substitutes b. complements c. not related d. None of the above
Business
1 answer:
Arturiano [62]3 years ago
8 0

Answer:

Substitute goods

Explanation:

A fall in the amount of a suitable replacement triggers a change in production and a change of the quantity demanded. An rise in the pricing of one substitute good induces an increase in demand over the other effect is an increase in the consumption for Omni Cola and a rightward change of the demand curve.

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If one of the objective coefficients changes within of its allowable increase or allowable decrease (same as within of Maximum a
iVinArrow [24]

Answer:

A. The final objective function value will change by the size of the change times the final value of the decision variable related to this objective coefficient.

Explanation:

By modifying the one coefficient of the objective with the rise or decrease in the permitted modify the amount of the objective function i.e. final. Also the magnitude of modifying the value would be equivalent to the modify of the change in terms of coefficient times the final value with respect to the decision variable that is interrelated to the coefficient of the objective

hence, the correct option is a.

8 0
3 years ago
Calculate Producer Surplus if Reservation Price=20, Price=8, & Quantity=10.
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C. 60  
Explanation: 
Producer's Surplus means the value producer derives from selling goods. For example, if producer is willing to sell the product for a price 8 but consumers are willing to pay a higher price, let's say 20, then producer achieves a surplus of 12 per unit. Let's calculate the producer's surplus -   
As per question, Reservation Price (RP) =20, Price (P) =8, & Quantity (Q) =10  
The formula for Producer Surplus (PS) is as follow: 
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= 1/2 (20-8) x 10 = 60
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3 years ago
4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
aniked [119]
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Makes Sense.

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