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Andrei [34K]
2 years ago
6

If the cross-price elasticity of demand for two goods is 0.88, then the two goods are?

Business
1 answer:
krek1111 [17]2 years ago
3 0

The two goods are substitutes.

Cross Elasticity

The cross elasticity of demand, also known as the cross-price elasticity of demand, is a measure in economics that compares the percentage change in the quantity desired for one commodity to the percentage change in the price of another good, everything else being equal.

To learn more about Cross Elasticity

brainly.com/question/22985521

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26. Given a normal market supply curve for ice cream, if the surgeon general states that ice cream causes cancer, then:________
Anvisha [2.4K]

Answer:

B) there is a decrease in the quantity supplied of ice cream

Explanation:

normal market supply curve provide the relationship between quantity supply and the price of the community.

In this question the ice cream is the quantity supply,Given a normal market supply curve for ice cream,

In case, surgeon general states that ice cream causes cancer, then there will be decrease in the quantity supplied of ice cream because the value(price) has decreased then the quantity supplied of ice cream decreases.

3 0
3 years ago
A Metro City ordinance imposes a jail term, without a trial, on all vendors who operate in certain areas. A court would likely r
Alex Ar [27]

Answer:

C) due process.

Explanation:

The 5th Amendment of the US Constitution states that no individual may be deprived of life, liberty or property without due process of law.

All government levels (federal, state or local) must respect the rights of the individuals that live in them. Due process helps to protect individuals from  abuses committed by government authorities.

In this case, no one can be sent to jail without a trial being held. An individual can be arrested, but for a limited time and until a trial is held.

8 0
3 years ago
In February 2017 the risk-free rate was 4.97 percent, the market risk premium was 7 percent, and the beta for Twitter stock was
Gnesinka [82]

Answer:

14.77%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4.97% + 1.40 × 7%

= 4.97% + 9.8%

= 14.77%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium and the same is shown in the answer

5 0
3 years ago
Preston Industries has two separate divisions. Each division is in a separate line of business. Division A is the largest divisi
prohojiy [21]

Answer:

The correct answer is D. Assign appropriate, but differing, discount rates to each project and then select the projects with the highest net present values.

Explanation:

The discount rate is the cost of capital that is applied to determine the current value of a future payment.

The discount rate is used to "discount" future money. It is widely used when evaluating investment projects. It tells us how much money is worth now from a future date.

The discount rate is the inverse of the interest rate, which serves to increase the value (or add interest) in the present money. The discount rate, on the other hand, detracts from the future money when it is transferred to the present, except if the discount rate is negative, in case it will mean that the future money is worth more than the current one. The interest rate is used to obtain the increase to an original amount, while the discount rate is subtracted from an expected amount to obtain an amount in the present.

Except in exceptional cases, the discount rate is positive because before the promise of receiving money in the future we have the uncertainty of whether we will receive it or not, since there may be a problem that prevents us from receiving that money. Therefore, the farther the money we are going to receive, the less it will be worth now.

6 0
3 years ago
What types of crime you experience most frequently?​
Ghella [55]

Answer:

well if you live in a safe country

Explanation:

u wont experience any crime

6 0
3 years ago
Read 2 more answers
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