All categories

2 years ago

Explain the 'price effect' for normal 'substitutes' and 'complementary' goods.

Mathematics

1 answer:

Rashid [163]2 years ago

8 0

Answer:

When the price of a good that complements a good decrease, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded that good increases, but the demand for the good that it is being substituted for decreases.

You might be interested in

7 and 8 please! I’ll give brainliest however you spell it !!!!

juin [17]

Answer:

7. -16 divided by 4 = -4, 8. -56 divided -7 = 8

Step-by-step explanation:

answers for 7.-4 8. 8

8 0

2 years ago

Read 2 more answers

5. lan is 5 years older than Craig. If the sum of their ages is 45, find both

Fofino [41]

Answer: Ian is 25 and craig is 20

Step-by-step explanation:

(45 - 5) /2 +5 to one of them

3 0

3 years ago

Read 2 more answers

Three friends share 2 bags of trail mix equally.

Simora [160]

Answer:I think that each friend would get 1.5/ 1 1/2.

Step-by-step explanation:

3 divided by 2 equals 1.5

4 0

2 years ago

The sum of 7 ⅓ and a number, n is 10 ⅜. What is the number?

solmaris [256]

Answer:

3 1/24

Step-by-step explanation:

to find the answer subtract ( 10 3/8 - 7 1/3 = 3 1/24 ).

5 0

2 years ago

Read 2 more answers

Please explain to me

kolbaska11 [484]

$\bf \stackrel{\textit{product of a }\stackrel{x}{number}\textit{ and 8}}{8\cdot x}~~=~~\stackrel{\textit{104 more than 4 times that }\stackrel{x}{number}}{4\cdot x+104}\\\\\\~~~~~~~~~~~~~~~~~~~~~~8x=4x+104\\\\-------------------------------\\\\\stackrel{\textit{quotient of a }\stackrel{x}{number}\textit{ and 6}}{\cfrac{x}{6}}~~=~~\stackrel{\textit{15 less than a }\stackrel{x}{number}}{x-15}~~\implies \cfrac{x}{6}=x-15$

5 0

3 years ago

Read 2 more answers

Explain the 'price effect' for normal 'substitutes' and 'complementary' goods.​

Explain the 'price effect' for normal 'substitutes' and 'complementary' goods.