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2 years ago

7

Movie tickets and film streaming services are substitutes. If the price of film streaming increases, what happens in the market

for movie tickets?.

1 answer:

alexdok [17]2 years ago

6 0

Answer:

Since no one would be buying the movie tickets then the market would go down and probably crash. hope this helps!

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E15-2 (Recording the Issuance of Common and Preferred Stock) Kathleen Battle Corporation was organized on January 1, 2014. It is

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Answer:

Explanation:

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2 years ago

Jackie is an entrepreneur and is scheduled to deliver a presentation about her business to investors, in order to help raise fun

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3 years ago

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Describe the origins, purposes, and practices of the "long drive" and the "open range" cattle industry. What ended this brief bu

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Answer:

The cattle industry began in the far west and furnished the great plain areas with livestock. The cattle industry progressively lost its relevance because of the excessive westward expansion, resulting in competition for the industry. There was too much cattle, but not enough food and land to sustain such great populations of livestock.

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2 years ago

July Networks provides digital television services across the country. They have a cuttingedge technology that provides high-res

Vesna [10]

Answer:

Locking in customers.

Explanation:

July Networks is locking in customers for the next two years by telling them to subscribe with July Networks. This will keep these customers loyal to them for two years, during which they can further implement retention strategies to keep the customers with them more than two years.

This is a good business strategy and customers are attracted to subscribe because of the cutting edge television technology that is being provided by July Networks.

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3 years ago

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Assume the market basket contains 20X, 30Y, and 50Z. The current-year prices for goods X, Y, and Z are $2, $6, and $10, respecti

Aneli [31]

Answer:

CPI for the current year = 200

Explanation:

Given;

Contents in market basket

20X, 30Y, and 50Z

The current-year prices for goods

X = $2

Y = $6

Z = $10

The base-year prices are

X = $1

Y = $3

Z = $5

Now,

Total cost of market basket in the current year

= ∑ (Quantity × Price)

= 20 × $2 + 30 × $6 + 50 × $10

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= ∑ (Quantity × Price)

= 20 × $1 + 30 × $3 + 50 × $5

= $20 + $90 + $250

= $360

also,

CPI for the current year = $\frac{\textup{Cost of market basket at current year prices}}{\textup{Cost of market basket at base year prices}}\times100$

or

CPI for the current year = $\frac{\$720}{\$360}\times100$

or

CPI for the current year = 200

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3 years ago