After the price of smartphone apps falls, Justin buys fewer flash drives but he buys a new smartphone. For Justin 1. smartphone apps and flash drives are substitutes, and smartphone apps and smartphones are complements. 2. smartphone apps, flash drives, and smartphones are not all complements. 3. smartphone apps, flash drives, and smartphones are all complements. 4. smartphone apps and flash drives are complements, and smartphone apps and smartphones are substitutes.

Answers

Answer 1
Answer:

Answer:

1. smartphone apps and flash drives are substitutes, and smartphone apps and smartphones are complements

Explanation:

Complements are goods that are consumed together. If the price of one of the goods increases, the demand for the other good increases. This indicates that smartphone and smartphone apps are complements.

Substitutes are goods that can be used in place of each other. If the price of one good falls, the consumer demands more of that good and less of the subsituite goods. This shows that smartphone apps and flash drives are substitutes.

I hope my answer helps you

Answer 2
Answer:

Final answer:

The question discusses the concepts of substitutes and complements. When the price of smartphone apps falls, Justin buys fewer of its substitute (flash drives) and more of its complement (a smartphone).

Explanation:

The question refers to two economic concepts: substitutes and complements. Substitutes are goods or services that can be used in place of each other. If the price of one good falls, people tend to consume less of its substitute and instead consume more of the cheaper good. This is called the substitution effect. For instance, if the price of smartphone apps declines, Justin buys fewer flash drives (since these are now relatively more expensive) and more apps.

Meanwhile, complements are goods that are typically consumed together. If the price of one good drops, the demand for its complement tends to increase. So in Justin's case, because the price of apps fell, he also bought a new smartphone to go along with the apps. Here, smartphone apps and smartphones are complements.

Therefore, for Justin, smartphone apps and flash drives are substitutes, while smartphone apps and smartphones are complements.

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A monopoly exists when _____ provides a good or service.

Answers

A company controls the market for a good or service

Jerry has $50 to spend at the electronics store. He sees two movies that he wants that are $15 each. There is also a video game that he wants that costs $45. Which statement best describes the opportunity costs and benefits of buying the movies? Select the best answer from the choices provided. The opportunity cost is $30; the benefit is the hours of entertainment from the movies.
The opportunity cost is that he cannot afford the game; the benefit is that he saved $45.
The opportunity cost is $30; the benefit is that he still has $20.
The opportunity cost is that he cannot afford the game; the benefit is that he has the two movies.

Answers

I believe it'd be d.. I'm not quite sure..D makes the most sense to me..

i think it is selection a on plato

Why does an unsecured loan have a higher interest rate than a secured loan?Only one answer
A. The bank bears all the risk of the loan.
B. The bank charges more for poor credit scores.
C. The bank bases higher interest rates on market conditions.
D. The bank raises rates unfairly for unsecured loans.

Answers

ya, the answer is A.    the bank raises the interest because with a secured loan they would have something to fall back on if you didn't pay ur bills. and raise the price if its unsecured so they can try and make sure u pay it back as soon as u can
Why does an unsecured loan have a higher interest rate than a secured loan?

A. The bank bears all the risk of the loan.

Which of the following is one disadvantage for a company that goes public?A. Investors don't know about the company's finances.
B. Stockholders have no control over the management.
C. Large bank loans become more difficult to obtain.
D. The company faces more government regulations.

Answers

One disadvantage for a company that goes public is : D. the company faces more government Regulation After the company went public, every Individual who had money will be able to buy/purchase the stock directly from the stock market. In order to maintain the order and the openess , Givernment put stricter regulation for public company. For example, Public companies are required to be audited by independent Public accounting Firm every Quarter of its operation

The company faces more government regulations is one disadvantage for a company that goes public. Thus, option (d) is correct.

When a firm becomes public, the company has less discretion to take certain actions without board approval and the support of a majority of shareholders.

When promoters drastically diluted their share after going public, this was the worst outcome. A disadvantage of going public is that a lot of the information and financial statistics about the company become public.

Therefore, option (d) is correct.

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What makes a checking account more conveniant than a savings account?A. You pay smaller fees on a checking account

B. You earn more interest with a checking account.

C. You can use a credit card access your money 24 hours a day.

D. You can spend your money without having to withdraw cash first.

Answers

"You can spend your money without having to withdraw cash first" makes a checking account more convenient that a savings account. The correct option in regards to the given question is option "D". In savings account it is never possible to spend money first without having to withdraw cash first. It is also not right to say that checking account holders earn more interest than a savings account holder. The checking account is simply like a current account and so there is no chance of earning more interest than the savings account. The checking account allows numerous withdrawals and unlimited deposits while this is not possible with a savings account.

I agree= I would also go with D

According to​ Zane, it was difficult for him to empower his employees and not​ micromanage; however, he realized that being responsive to his​ employees' needslong dashallowing them to work independentlylong dashmade them happier and more responsive to customers. Which managerial skill does this primarily​ illustrate?

Answers

Answer:

The answer is: Interpersonal skills                                

Explanation:

Interpersonal skills, also known as the soft skills, refers to the behavior of an individual while interacting or communicating with others. Interpersonal skills can also be described as the ability of an employee to work with others.

Interpersonal skills include effective communication, active listening, deportment, attitude and dispute resolving.

Therefore, the given example illustrates Interpersonal skills.