Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

What will happen to the demand for a flash drive (USB) when a laptop increased its price? 1. Type of related goods shown (Substitute or

What will happen to the demand for a flash drive (USB) when a laptop increased its price?

1. Type of related goods shown (Substitute or complement):

2. Effect on the demand of USB: (shift to the left/decreased or shift to the right/increased):

3. Reason for the shift in demand

PLEASE EXPLAIN CLEARLY WITHOUT PLAGRISM PLEASE.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Economics

Authors: Bradley Schiller, Karen Gebhardt

10th edition

125923570X, 978-1259235702

More Books

Students also viewed these Economics questions

Question

★★★★★

Your firm is considering expansion to a nearby city. A survey of employees in that city, asked to respond to the question Will business conditions in this area get better, stay the same, or get...

Answered: 1 week ago

Question

★★★★★

Let X 1 ,X 2 , . . .,X n be a random sample from a distribution with pdf f(x; ) = 2 xe x , 0 0. (a) Argue that Y = n 1 Xi is a complete sufficient statistic for . (b) Compute E(1/Y...

Answered: 1 week ago

Question

★★★★★

In what sense can the historian be objective?

Answered: 1 week ago

Question

★★★★★

Develop an outline (major headings and subheadings only) for a project management plan to create a Web site for your class, and then fill in the details for the introduction or overview section....

Answered: 1 week ago

Question

★★★★★

Yarrow County engaged in the following debt-related transactions during the year. REQUIRED: Assume that the county maintains its books and records in a manner that facilitates the preparation of its...

Answered: 1 week ago

Question

★★★★★

Suppose 7 fair coins are tossed . UsePascal's triangle to find the number of ways of obtaining exactly 4 heads. There are ____different ways of obtaining exactly 4 heads.

Answered: 1 week ago

Question

★★★★★

Bugs NoMore Company manufactures a product effective in controlling beetles. The company uses a standard cost system and a flexible budget. Standard cost of a gallon is as follows: Direct material: 2...

Answered: 1 week ago

Question

★★★★★

Your director at the department of Home Affairs has appointed you as the lead project manager for a project to rollout the new card type identification to all South African citizens, replacing the...

Answered: 1 week ago

Question

★★★★★

An Aluminum alloy die casting weighs 0.63 kg and the weight of the connected gating system = 0.25 kg. Hourly production rate of the die casting operation = 80 pcs/hr. The unit heating and pouring...

Answered: 1 week ago

Question

★★★★★

[Discrete Random Variables] According to an agreement between a smartphone producer and a retail company, the former delivers a large batch of smartphones of some given model. The retail company...

Answered: 1 week ago

Question

★★★★★

The trial balance before adjustment of Cyncrewd Inc. shows the following balances: Accounts receivable Allowance for doubtful accounts (AFDA) Credit sales Sales returns Dr. $225,000 Cr. 2,340 375,000...

Answered: 1 week ago

Question

★★★★★

Central Australian Holidays Pty Ltd (CAH) was a tourism business which specialised in tours of Central Australia. The Directors were Abe (the managing director) and Ben (an executive director). CAH...

Answered: 1 week ago

Question

★★★★★

3. In what way can preconceptions affect what we perceive in new situations?

Answered: 1 week ago

Question

★★★★★

7. List examples from your everyday situation where using the CI strategy could have provided a better solution in a communication situation than the solutions you chose.

Answered: 1 week ago

Question

★★★★★

6. What is meant by: accessibility carries greater weight than relevance?

Answered: 1 week ago

Previous Question Next Question