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diamong [38]
2 years ago
15

According to the u. S. Department of energy, the average price of gasoline in the u. S. Fell by 14% in 2015. The number of hybri

d electric vehicles (hev) sold in the u. S. Fell by 36% in the same year. Calculate the cross-price elasticity of demand for hevs and gasoline.
SAT
1 answer:
Rudiy272 years ago
7 0

The cross-price elasticity of demand for hevs and gasoline is  2.57.

<h3>What is cross-price elasticity of demand?</h3>

A cross-price elasticity of demand is an economic tool that measure the %change in quantity demand for a good after a change in the price of another

The demand is calculated by %change in the quantity demanded of one good over %change in the price of the other good.

Hence, the % of quanitty demanded is 36% and the % of change in the price is 14%

Cross-price elasticity of demand = 36% / 14%

Cross-price elasticity of demand = 2.57142857143

Cross-price elasticity of demand = 2.57

In conclusion, the cross-price elasticity of demand for hevs and gasoline is  2.57.

Read more about cross-price elasticity of demand

<em>brainly.com/question/10712828</em>

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based on the data in the average surface temperature (day), 2001-2010 folder, which of the following climate controls best expla
pochemuha

The climate controls that best explains the difference in average daytime temperature variation from month to month between Seattle and Fargo as well as between Dublin and Moscow is latitude

  • Latitude  is simply known as the highest force behind differences in temperature which also are fluctuations in incoming solar radiation. It alters (change) the angle of the sun and length of daylight control of the global distribution of temperature.
  • The 2 factors that causes this alterations or changes in latitude  are therefore sun angle and length of daylight.
  • Latitudes is known to show how much of the changes or variation in average temperature at a fixed latitude, average daytime temperature variation and seasonal fluctuations in temperature.

Conclusively, we can say that The climate controls that best explains the difference in average daytime temperature variation from month to month between Seattle and Fargo as well as between Dublin and Moscow is latitude

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5 0
3 years ago
If you had to make up an instrument that doesn't exist. What would it be?
Anna [14]

Answer:

every instrument put together in one big mess

Explanation:

8 0
3 years ago
How many 5 digit flippy numbers are divisible by 15.
marishachu [46]

Answer:

4

Explanation:

Since it's a flippy number, we can set each digit into ababa

Since it can be divisible by 15, which means it can be divisible by both 5 and 3.

Since it is divisible by 5, the last digit will be either 0 and 5, but it cannot be 0 because 0 cannot be the first digit, so last digit must be 5.

So, ababa --> 5b5b5

It can also be divisible by 3. According to de divisibility rule of 3, if the sum of all digit is divisible by 3 then the number is divisible by 3.

Sum of all digits = 15 + 2b

it's divisible by 3 when b = 0,3,6,9

The answer is 4.

There are 4 such number.

3 0
2 years ago
All of the following are reasons to transfer to a four-year school after
SVETLANKA909090 [29]

Answer:

D. to earn an associate's degree

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This is false because 4 year college usually means a bachelor's degree. An associate's degree is the degree you obtain after completing your first two years of a bachelor's degree.

7 0
3 years ago
In 1-2 sentences, explain if the ellipsis is used in the paragraph to indicate a pause or an omission. Use details to support yo
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Three equally spaced points ( . . . ) often used  to represent an omission of words in a quotation are best known as ellipsis. They are also known as ellipsis dots, suspension points, or simply ellipsis.

<h3>Usage</h3>

"For example, I may be writing an article to be published in a journal and not include ellipsis. . ."

In summary, we utilise ellipsis to indicate that a list goes on beyond those items actually spelled out in the text.

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2 years ago
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