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Streaming services and TV sets: complements
Streaming services and movie tickets: substitutes
TV sets and movie tickets: substitutes
Answer:
False.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
A person who enters into a contract when he or she is intoxicated cannot void the contract even if the terms are obviously favorable to the other party.
By law, an individual can void a contract entered into while under the influence of alcohol or intoxicated, only if he or she doesn't understand or comprehend the legal consequences binding on the parties involved in the contract.
<em>Hence, a contract is legally binding and enforceable even if one of the parties was intoxicated at the time of its formation. </em>
Answer:
dont know just needed points have a nice summer
Explanation:
Answer:
D. an increase in the price of a good causes a decrease in market demand for that good.
Explanation:
First, if prices decrease, then people will feel wealthier and consume more and the aggregate demand increases. (Pigou´s effect)
Second, if interest rates decrease available domestic investors will invest in foreign countries where return (interest rates]) on investments are higher. If domestic investors invest in foreign countries the supply of dollars will increases. This will decrease the real exchange rate and then exports will be affected in a positive way; exports will increase and thus the aggregate demand.
Third, when the price level is down, consumers demand less currency, which means that they will keep more money in their bank accounts. If banks have more money, then the interest rate for loans decrease. If interest rates decrease, the cost of investment decreases too. Then, if the price for investment decreases, the demand for it increases and the aggregate demand decreases too.
