To Oliver, who is an economist, a printer and ink cartridge are known as __________ goods....
To Oliver, who is an economist, a printer and ink cartridge are known as __________ goods.
Group of answer choices
compatible
inferior
complementary
substitute
Homework Answers
Answer :
Option c) complementary
In economics, complementary goods are those goods which are used side by side, that is used together. Like for example say bread and butter can be called as complementary goods since more often than not they are consumed together.
Similarly here for Oliver a printer and ink cartridge are complementary since they are used together. In order to print pages using the printer you need ink cartridge. That is they are to be used together and thereby are complementary in nature.
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To Oliver, who is an economist, a printer and ink cartridge are
known as __________ goods....
8. If an average computer printer ink cartridge costs about $20 and contains about 8 milliliter...
8. If an average computer printer ink cartridge costs about $20 and contains about 8 milliliter of ink, find the cost of the computer printer ink in dollars per gallon. (convert to - Use unit fractions from our conversion sheet in our text book on gal page 297. Round to the nearest whole cent. [8 pt $ $ ml
(b Hyperion Inc., currently sells its latest high-speed colour printer, the Hyper 500, for $359. Its cost of goods...
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Could someone take notes and explain for me from these pragraph with explantation. Thank you advance las...
Could someone take notes and explain for me from
these pragraph with explantation. Thank you advance
las inferior Goods Firms producing inferior goods do not benefit from a boom- ing economy. One such example is the pawnshop industry, which suffered during the economic prosperity of the late 1990s and 2000, as fewer people swapped jew- elry and other items for cash to cover car payments and other debts. Although pawnshops have always suffered from a somewhat disreputable image, the strong economy...
Assume that coke and pepsi are substitute goods. Coke is able to purchase sugar at a...
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Economists use the distinction between private and public goods to determine __________. Group of answer choices...
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1.)External users are those within an organization who use financial information to make day-to-day decision. Group...
1.)External users are those within an organization who use financial information to make day-to-day decision. Group of answer choices True False 2)The four basic financial statements are Income Statement, Statement of Owner's Equity, Balance Sheet and the Chart of Accounts. Group of answer choices True False 3)Generally Accepted Accounting Principles (GAAP) are accounting principles, assumptions, concepts (the rules) that guide the preparation and presentation of financial statements. Group of answer choices True False 4)In double-entry bookkeeping, at least four accounts...
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8. If an average computer printer ink cartridge costs about $20 and contains about 8 milliliter of ink, find the cost of the computer printer ink in dollars per gallon. (convert to - Use unit fractions from our conversion sheet in our text book on gal page 297. Round to the nearest whole cent. [8 pt $ $ ml
(b Hyperion Inc., currently sells its latest high-speed colour printer, the Hyper 500, for $359. Its cost of goods sold for the Hyper 500 is $205 per unit, and this year's sales (at the current price of $359) are expected to be 16,000 units. Hyperion plans to lower the price of the Hyper 500 to $308 one year from now a. Suppose Hyperion considers dropping the price to $308 immediately, (rather than waiting one year). By doing so it expects...
Could someone take notes and explain for me from
these pragraph with explantation. Thank you advance
las inferior Goods Firms producing inferior goods do not benefit from a boom- ing economy. One such example is the pawnshop industry, which suffered during the economic prosperity of the late 1990s and 2000, as fewer people swapped jew- elry and other items for cash to cover car payments and other debts. Although pawnshops have always suffered from a somewhat disreputable image, the strong economy...
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