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Yuri [45]
3 years ago
10

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

Mathematics
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.

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aksik [14]
Only the first choice is correct.
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4 years ago
Need help...with this graph
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The graph with coordinates x6,y8

Step-by-step explanation:

7 0
3 years ago
Kevin is 3 years older than brendon two years ago Kevin was 4 times as old as brendon . How old is Kevin now
Tpy6a [65]

Answer:

  Kevin is 6

Step-by-step explanation:

Let k represent Kevin's age now. Then Brendon's age now is (k-3). Two years ago the relationship of their ages was ...

  k-2 = 4((k-3) -2)

  k -2 = 4k -20 . . . . . eliminate parentheses, collect terms

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Kevin is 6 now.

4 0
3 years ago
Select the correct answer from each drop-down menu. In the figure, x = , y = , and z = .
alexdok [17]
X= 95
z=180
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based on from making sure each triangle added up to 180 degrees and with the outer angles
8 0
3 years ago
Read 2 more answers
You purchase a car using a $20,000 loan with a 5% simple interest rate.
hammer [34]
Simple interest = Cost Price + (Interest Percentage of Cost Price × number of years or months we are paying off)

a) SI = £20 000 + (5% of £20 000 × 4)
SI = £20 000 + (£1000 × 4)
SI = £20 000 + £4000 = £24 000

b) SI = £20 000 + (5% of £20 000 × 3)
SI = £20 000 + (£1000 × 3)
SI = £20 000 + £3000 = £23 000

£24 000 - £23 000 = £1000 that you saved!
3 0
3 years ago
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