Answer:
The cross-price elasticity is - 0.8.
Explanation:
The price of antique furniture increased by 10 percent and the quantity demanded decreased by 30 percent, and with no change in the price of refinishing products, the quantity of refinishing products demanded decreased by 8 percent.
The cross-price elasticity of demand measures the change in the demand for a product due to a change in the price of a related good. Negative cross-price elasticity means the goods are complements. Positive cross-price elasticity implies that the goods are substitutes.
Cross price elasticity
=
=
= - 0.8
The cross price elasticity is negative which means that the goods are complements.
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Germany's European nation has its own azure region that is specifically set for strict adherence to data privacy standards.
Physical and logical network isolated instances of Azure for US government agencies and partners, operated by verified US persons. Includes additional compliance certifications such as FedRAMP and DISA.
Microsoft's existing West US cloud regions are the Midwest US in Utah, West US 2 in Washington, West US in San Francisco Bay Area, and US Gov in Arizona to support Microsoft's cloud technologies According to the website Build Azure.
The Azure region UK South is located in London and UK. West is located in Cardiff, Wales. September 7, 2016
Learn more about Azure region at
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