Sign In
Ask Question
Jared
Business
Today, 12:59
How do compliments and substitutes affect demand?
+2
Answers (
1
)
Blaine Horn
Today, 13:01
0
When examining how price and demand changes will affect markets, it is important to consider how various goods are related. We can separate goods into 2 basic types: substitutes and complements ... When the price increases for one good, the demand for the substitute will increase (assuming that price remains constant).
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“How do compliments and substitutes affect demand? ...”
in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What are the risks of foreign outsourcing?
Answers (1)
Alvarado Company sells a machine for $7,400 with a 12-month warranty agreement that requires the company to replace all defective parts and to provide the repair labor at no cost to the customers.
Answers (1)
An account linked with another account that has an opposite normal balance and that is subtracted from the balance of the related account is a (n) : Select one: a. Accrued expense. b. Contra account. c. Accrued revenue. d. Intangible asset. e.
Answers (1)
If a person receives a paycheck for $600.00 and the government takes $200.00 in income taxes, it is a result of which amendment?
Answers (1)
Why do single firms in perfectly competitive markets face horizontal demand curves?
Answers (1)
New Questions in Business
Linda underpaid her taxes for the current year by $4,000 due to negligence. a. Calculate Linda's accuracy-related penalty for negligence. $ b.
Answers (1)
A retired person with $200,000 to invest states that "current income" is her main investment objective. Which of the following would be most suitable? (A) High yield bonds and growth stocks (B) Municipal bonds, U. S.
Answers (1)
How do compliments and substitutes affect demand?
Answers (1)
Non-trade receivables should be reported separately from trade receivables. Why is this statement either true or false? A) It is true because trade receivables are current assets and non-trade receivables are long term.
Answers (1)
In general, a visionary organization asks what three types of questions to specify its foundation, set a direction, and formulate strategies? why, when, where what, by whom, how why, what, how how, when, where who, why, when
Answers (1)
Home
»
Business
» How do compliments and substitutes affect demand?
Sign In
Sign Up
Forgot Password?