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Natasha2012 [34]
2 years ago
10

Assume two goods are substitutes. Ceteris paribus, a decrease in the price of one good will cause the equilibrium price of the o

ther good to ____
Business
1 answer:
Volgvan2 years ago
8 0

Answer:

Fall or decrease

Explanation:

Other things being constant, if two goods are close substitutes, decrease in the price of one good will lead to fall in the demand of its substitute, The price of the good that has fallen is now available at cheaper price. So consumers will demand more of cheaper good, thereby increasing its demand and decreasing the demand of substitute good. As such, both equilibrium price and quantity of other good falls or decrease.

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Dvinal [7]

Discount rate = 27%

Rate before discount = $125 per night

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= 125-33.75 = $91.25

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Total amount to be paid = 91.25*8 = $730 (answer)

6 0
2 years ago
Chester currently has $14,000,000 in cash and management has decided to issue stocks and bonds worth an additional $8,000,000. T
slava [35]

Answer:

Retiring the oldest bond

Explanation:

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3 years ago
To be competitive, ____________ recommended that American firms adopt a new management style that was a hybrid of the approaches
kakasveta [241]

Answer:

The correct answer is letter "C": William Ouchi, Theory Z.

Explanation:

American professor William Ouchi (born in 1943) proposed the "Theory Z", first described in his book "<em>Theory Z: How American Management Can Meet the Japanese Challenge</em>" which is an approach that explains how firms should develop a strong company philosophy and culture and consensus in decisions.  

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From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months
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