Ask question

Ask question

All categories

3 years ago

10

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

1 answer:

Rashid [163]3 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

A square and a circle intersect so that each side of the square contains a chord of the circle equal in length to the radius of

krek1111 [17]

Answer:

Step-by-step explanation:

it is given that Square contains a chord of of the circle equal to the radius thus from diagram

$QR=chord =radius =R$

If Chord is equal to radius then triangle PQR is an equilateral Triangle

Thus $QO=\frac{R}{2}=RO$

In triangle PQO applying Pythagoras theorem

$(PQ)^2=(PO)^2+(QO)^2$

$PO=\sqrt{(PQ)^2-(QO)^2}$

$PO=\sqrt{R^2-\frac{R^2}{4}}$

$PO=\frac{\sqrt{3}}{2}R$

Thus length of Side of square $=2PO=\sqrt{3}R$

Area of square $=(\sqrt{3}R)^2=3R^2$

Area of Circle $=\pi R^2$

Ratio of square to the circle $=\frac{3R^2}{\pi R^2}=\frac{3}{\pi }$

5 0

3 years ago

When the ? method , interest is charged only on the balance remaining in your account ?

julia-pushkina [17]

I think the answer is unpaid balance

5 0

3 years ago

Find the value of x. Please respond ASAP

UNO [17]

Answer:

I think its c but im not sure

4 0

2 years ago

Read 2 more answers

The diameter of a parabolic mirror is 22 centimeters, and the mirror has a depth of 0.5 centimeters at the center. What is the e

a_sh-v [17]

1/242x^2 is your answer

6 0

3 years ago

Is there a x=-2 in these equations

dem82 [27]

plug in the x for all of those to find y

6 0

4 years ago

Read 2 more answers