Which of the following are complementary goods and/or services? a) Cars and motorcycles b) cars and bus transportation c) cars and car tires d) cars and train transportation
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Which of the following are complementary goods and/or services?
a) Cars and motorcycles
b) cars and bus transportation
c) cars and car tires
d) cars and train transportation
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- No written by hand solution Which of the following would be found in the goods market? a) Fibre optic cables or mobile phone masts for internet b) Low-earth orbiting satellites for internet c) A researcher in planetary and space science d) A monthly subscription fee for internetThese goods that are consumed in lieu of a particular product. * substitute goods consumable goods complementary goods consumer goodsGoods and services that are produced by a household and are not exchanged in a market are known as production.
- This is the willingness and the ability of a consumer to buy goods and services to satisfy their needs and wants.______________________ The amount of goods and services that can be made available for people to buy.__________________ Goods that are bought to be used such as clothes, furniture and cars. _________________ These are goods/ services that we need in order to survive. ______________________ These are goods that are used to make other goods. ___________________Goods that satisfy humans wants though their direct use or consumption are called _______?As my income increases I buy less cheap, generic paper towels and I buy more expensive Bounty paper towels. Generic paper towels area ____________________________ good. Bounty paper towels would be considered a ____________________________ good
- Because one’s productivity in the workplace is likely to be affected by one’s health, investment in health could increase earnings to the extent that one might spend money on health care without reducing his or her consumption of other goods. True or FalseIt is a beautiful afternoon, and Jose is considering taking a leisurely two-hour stroll through the park. There are several other activities Jose is considering doing instead. The value Jose receives from each of the activities is provided in the table. Alternative Activities Value Streaming a movie $5 Taking a nap $8 Chatting with his best friend $13 Reading a new book $15 What is Jose’s cost of taking the stroll through the park?This week we are learning about economic measures. Though they tell us a lot, there is plenty they do not, or can not, tell us. Using at least one economic measure as an example, explain its limitations and describe additional information or measures that would go well with the particular measure and provide additional illumination.
- What is the effect of an increase in the number of people working at home on the market for deodorant, all else equal? Show and explain the impact on Dx, Sx, P, Qdx, and/or Qsx assuming a competitive market for deodorant.What is commodity A.something that producers unable to sell to consumers B.A resource that is available in unlimited quantities C.An exchange between a producer and a consumer D.something of value that can be bought sold or tradedBecause one’s productivity in the workplace is likely to be affected by one’s health, investment in health could increase earnings to the extent that one might spend money on health care without reducing his or her consumption of other goods.
