Business, 15.07.2019 21:40 MrKrinkle77

In the market for pretzels, which of the following will increase demand? choose one or more: a. if mustard is a complementary good for pretzels, the price of mustard increases. b. if income increases andpretzels are inferior goods. c. if mustard is a complementary good for pretzels, the price of mustard decreases. d. if potato chips are substitute goods for pretzels, the price of potato chips increases. e. if income increases and pretzels are normal goods.

Answers: 2

Show answers

Answers

Answer from: FreddyNoTalKing

Option(C), (D) and (E) will increase demand for pretzels.

Explanation:

(A) If mustard is a complementary good for pretzels, the price of mustard increases as a result demand for pretzel decreases. Complementary goods are the goods with negative cross price elasticity of demand. This means that as the price of one good increases as a result demand for another good decreases.

(B) If pretzels are inferior goods, as the income increases, this lowers the demand for pretzels. In inferior goods case, income and demand are inversely related with each other.

(C) If mustard is a complementary good for pretzels, the price of mustard decreases as a result demand for pretzel increases.

(D) If potato chips are substitute goods for pretzels, the price of potato chips increases as a result demand for pretzel increases. Substitute goods are the goods with positive cross price elasticity of demand. This means that as the price of one good increases as a result demand for another good increases.

(E) If pretzels are normal goods, as the income increases, this increases the demand for pretzels. In normal goods case, income and demand are directly related with each other.

Answer from: Quest

apex verified answer < 3

: : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : doubling a recipe and figuring out how many cups of paint to use are both examples of using math skills : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :

i really hope this this is the correct answer < 3 < 3 < 3

Answer from: Quest

You have the right to raise a safety or health concern, or report a work-related injury or illness with your employer or osha without being retaliated against. is this statement true or false? true. now, in some cases an employee may feel they have been retaliated against and if they do, they can file a complain as that is not allowed. if an employer is found to violate safety or health concerns they can get in a lot of trouble and potentially be shut down overtime. it is always important to address concerns and if retaliation happens, address those as well.

Another question on Business

Business, 21.06.2019 20:30

Elizabeth believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. which agency should elizabeth contact? - national alliance of business- affirmative action council- equal employment opportunity commission- federal trade commission- fair employment practices agency

Answers: 2

Answer

Business, 21.06.2019 20:30

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

Answers: 2

Answer

Business, 21.06.2019 21:00

Jameson manages a well-known cell phone company. this company has been voted as having the best cell-phone service. consumers appreciate the fact that they can call from almost anywhere in the world and the service still gets through. jameson knows that the company's product far surpasses that of the competition. one thing has been bothering him, though. in order to put so many resources into ensuring the best service, jameson has cut back on employees at the firm's customer call center. recently, consumers have begun complaining about long wait times when they call in with a problem or concern. although its cell phone service is still considered one of the best, customer satisfaction with the firm's customer service has plummeted. jameson does not understand why consumers are getting so upset. he believes the exceptional cell phone service more than makes up for long waiting periods and other issues with its customer service. "after all," he says, "they can't have it all. if i invest more in customer service, that means less investment on ensuring the quality of our product offering."refer to scenario. jameson has asked you, a marketing consultant, to give him advice. he cannot understand how a cell-phone company with the best product offering in the cell-phone service industry could get such low satisfaction ratings simply because the customer service is not up to par. you suggest that jameson has a narrowly defined view of the company's product offering. you tell jameson that successful marketers should define their products as what they

Answers: 2

Answer

Business, 22.06.2019 09:00

Afood worker has just rinsed a dish after cleaning it.what should he do next?

Answers: 2

Answer

You know the right answer?

In the market for pretzels, which of the following will increase demand? choose one or more: a. if...

Questions