lally1027pccla9 lally1027pccla9

24-07-2018
Business

contestada

If the price falls by 50% and the quantity demanded falls by 25%, find cross price elasticity of demand

Respuesta :

arjungurung200pbw2h2 arjungurung200pbw2h2

25-07-2018

Simply divide the percentage change in the quantity demand with the percentage change in price, giving you a positive value of 0.5. This shows that it is inelastic and the two goods are substitutes to each other.

Answer Link

Otras preguntas

This passage is taken from a nineteenth-century speech given in Massachusetts after the conviction of a fugitive slave.1 (1) I walk toward one of our ponds; but

359 x t = 0 solve for t

Please help I’ll mark as brainliest if correct!

What is a community forest? Is there any community forest in you community? Write any three advantages of community forests.

_ percent 2½ hours is 45 minutes

Use the information to calculate birth rate, death rate and population densities 1. Raccoonville is an island of 5000 square kilometres off the coast of Frisco.

Adam can be changed into an ion by adding or removing

(PLEASE HELP, ONLY ANSWER IF YOU KNOW)what is the surface area of this design 10in 10in 5 in 5in 8in 2in

give a description on black butler asap

The costs of movie tickets are shown in the table. Type of Ticket Cost per Ticket Child $6.50 Adult $8.50 Senior $5.50 Which equations represent the total cost,