Answer: substitute
Explanation:
After firm A acquired firm B, it raised the prices for the goods produced by both firms. This can increase profits if those goods are substitutes.
Substitute goods are the goods that serve thesame functions and one can be used to replace the other one. Since both goods produced are substitutes, that means when there's price increase, even though consumers shift from one good to another, there's still rise in price which will increase profits
Answer:
When it shifts inwards, it indicates that the economy is shrinking due to a failure in its allocation of resources and optimal production capability. A shrinking economy could be a result of a decrease in supplies or a deficiency in technology.
Explanation:
Answer: (C) Emotional
Explanation:
The emotional advertisement is one of the type of emotional based appeal advertisement process that helps in communicating with the customers or consumers.
The emotional based advertisement include all the types of emotions so that the customers feel connected with the brand and the products in the market.
According to the given question, the Funny-time products is basically using the emotional advertisement for communicating with the fun-loving customers. Therefore, Option (C) is correct answer.
Answer:
$8
Explanation:
The yearly amount of interest earned on a $100 deposit at 4 percent rate is:
Since simple interest investments yield a constant interest each year, the amount earned after two years is:
The total amount earned is $8.
