If the price of a complementary good increases, then demand would increase or decrease?
complementary good or complement is a good with a negative cross elasticity of demand, in contrast to a substitute good.This means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased.If goods A and B are complements, an increase in the price of A will result in a leftward movement along the demand curve of A and cause the demand curve for B to shift in; less of each good will be demanded. A decrease in price of A will result in a rightward movement along the demand curve of A and cause the demand curve of B to shift outward ; more of each good will be demanded. Example for complementary goods are: bread and butter, tea and sugar etc.DONT FORGET TO UPVOTE IF YOU REALLY LIKED THE ANSWER!!
Is software development really a dead-end job after age 35-40?
A software developer I know recently got a call from a recruiter at Google, asking what it would take for him to come to work for them.This developer had actually already worked for Google, but he left about five years ago to pursue other projects, and he didn’t want to live in one of the cities that have a Google office. Even though he didn’t have a degree in computer science and never took a college course in OOP, he must have impressed them enough to keep him on the recruitment list these years later. The recruiter suggested maybe he could be interested in interviewing with the Project Loon team in Singapore.He gave a little chuckle to the recruiter over the phone, and his first question was: You know how old I am, right? The recruiter confirmed that yes, his date of birth was on file, and that Google didn’t factor age into its recruitment policies. The developer agreed to think about the prospect and they agreed to touch base again in a week.That 66-year-old developer is my father. He is collecting social security while being courted by Google. He had a fulfilling career running his own company, consulting, and being an employee. He made contributions during the early stages of numerous technologies such as TCP networking, USB protocols, 802.11b implementation, and military GPS. Then he was hired by Google in 2008, when he was 58.While at Google, he wrote software in Java, a language that wasn’t even invented until he was 45. And he was an individual contributor, without having any other engineer report to him.One of the great things about software development is it’s all about your passion to learn and ability to perform, which is demonstrated by my dad’s career and the careers of thousands others. If you don’t have those required ingredients, then sure, software development is a dead-end job at any age. But if you have the passion and skill, then it is not a dead-end job after 40, 50, or even 60.
Why does the demand curve slope downward while the supply curve slopes upward?
About the demand curve-(From the viewpoint of a consumer)As prices increases,the consumer is likely to consume less and less of the commodity which makes the demand curve to slope downward.There are exceptions off course like articles of distinction,etc.However,the general rule is that as prices goes down,demand rises.About the supply curve-(From the viewpoint of a producer)As the prices go up,the producer’s profit increases which makes him produce more and more of the commodity,resulting in an upward sloping demand curve.Perishable goods is an example of exception to this.However in general there's a postive relationship between prices and supply.Hope this helped. :)
What are the best certifications for supply chain management jobs, both Indian and internationally?
The best certification in supply chain is the one offered by International Institute for procurement and Market Research (IIPMR). They offer Certified Supply Chain Associate (CSCA) for freshman wanting to start a career in Supply Chain Industry. The second level is for folks with 1 year of relevant work experience. It is called Certified Supply Chain Specialist (CSCS). These certifications are supposed to be rated #1 by employers. Here is the detailed article about it:http://www.market-research-exper...
The potential difference between 2 plates separated by a distance of 1 mm is 100 v. The force on an electron placed in between the plates is what?
Electric field E = V/d, where V is potential difference, and d is distance between the two plates. so, here E= 100 V/1mm = 100/(10^-3)=100x10^3=10^5 (Volt/m)So force on a electron in electric field is F= E.q = (10^5)x(1.6x10^-19) Newton
Liberalism? Conservative? What do these really mean?
Wow...good job! Pretty much sums it up and yeah...prepare to be attacked with namecalling. I'm sure they are on their way!