wbrandi118
17.02.2020 •
Business
Cups of coffee of milk tea are substitutes. assume both have in elastic demand. Suppose exceptionally good weather increases the harvest of the coffee bean crop
Solved
Show answers
More tips
- C Computers and Internet How to Create a Website for Free and Easy?...
- O Other Everything You Need to Know About Kudyabliks...
- C Computers and Internet The Twitter Phenomenon: What it is and How to Use it...
- C Computers and Internet How to Choose a Laptop: Expert Guide and Tips...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
Answers on questions: Business
- B Business Ha-Joon Chang argues that globalization:...
- B Business A task performed by an organization or organizational subunit in support of the organization s overall mission is referred to as a mission or Answer ....
- B Business What does it mean for a product to have inelastic demand? A small change in the price has very little effect on the quantity of that product demanded. There is particularly high...
- B Business This problem with interest group membership develops when potential members fail to join because they can get the benefit sought by the group without contributing the effort or...
- B Business Let s say that you re the sole IT person in your company, and your boss wants a way to block certain websites from employees. What can you set up to help with this request...
- B Business Randy and Kim divided their 30-acre property into three 10-acre parcels (lots A, B, and C). A and C can only access the public road through B. The buyers of A and C will probably...
- B Business 1. Assume the following to be macroeconomic data for Zambia in 2015. Imports K2000, Wages K5000, Consumption K10000, Rent K1500, Exports K4000, Government Spending K5000, Dividends...
- B Business What are the professions in teaching sector?explain....
- M Mathematics What is the solution of the equation 6x − 3 = -51?...
- H History Which universal theme best fits the passage?...
Ответ:
In that situation, the demand of the Milk tea will fall.
Explanation:
In businesses subtitles are the type of products that serve a similar purpose but generally less favorable. You use substitutes as a second product when you somehow cannot use the first/main product.
In the example above,
Let's say that Coffee is people's favorite beverages. They like it better than milk tea. But, if they don't have enough money to buy their favorite coffee, they sometimes have to exchange it and settle with milk tea.
When weather increases the harvest of the coffee bean crop, the price of coffee will most likely fall down due to the abundance in resource.
When this happen, there will be lesser people who use the substitute product. in the end, the demand for the milk tea will fall.
Ответ:
The financial planning has roughly the same structure. Even in their later stages of life, they need to prepare and pre-save for any major risks that may occur. Having a spouse and children may increase this risk as well. It’s important to set aside a little future college money for their kids, maybe an allowance, ect. Their savings when it comes to risk management should also be increased. Having to not only prepare for accidents with themselves, they now also have to prepare for any accidents including their children and spouse. Saving money for assets is also important, going in debt would put the whole family in danger so making sure house/apartment payments, car payments, taxes, ect., is needed.