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Klio2033 [76]
1 year ago
14

The pair of items that is likely to have the largest positive cross-price elasticity of demand is:

Business
1 answer:
mash [69]1 year ago
6 0

Coffee and tea are predicted to have the highest positive cross-price elasticity of demand among all the products.

If the price of one good rises while the demand for the other good increases, then the cross price elasticity is positive. When using alternative products, this is feasible. The only alternatives are coffee and tea.

Cross-price elasticity quantifies how sensitive a product's demand is to a change in the price of the related product. Many products on the market have relationships with one another. This could imply that a product's price change could have a positive or negative impact on the demand for another product.

When it comes to substitutes, a rise in price of one substitute drives up demand for the alternative product. Because they always want to maximize utility, consumers frequently do this products. The perceived satisfaction increases with decreasing expenditure.

Learn more about cross-price elasticity here

brainly.com/question/14469117

#SPJ4

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A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithme
sergij07 [2.7K]

Answer:

Arithmetic = 3%

Geometric = 2.37%

Explanation:

The arithmetic average of 'n' returns is given by:

A = \frac{\sum r_i}{n}

For five returns of 5% ,21%, -12%, 7%, and -6%:

A=\frac{0.05+0.21-0.12+0.07-0.06}{5}\\ A=0.03=3\%

The geometric average of 'n' returns is given by:

G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1

For five returns of 5% ,21%, -12%, 7%, and -6%:

G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%

8 0
3 years ago
You own a $36,800 portfolio that is invested in Stocks A and B. The portfolio beta is equal to the market beta. Stock A has an e
madam [21]

Answer:

The answer is $13,558

Explanation:

βP = 1.0 = 1.48A+ [.72 × (1-A)]

A = .368421

Investment in Stock A = $36,800 × .368421 = $13,558

8 0
3 years ago
Marketers must weigh carefully the costs of additional information against the resulting from it.
viva [34]

Marketers must weigh carefully the costs of additional information against the benefit resulting from it.

What are marketers?

A marketer is a person who advertises an organization's products and services. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with consumer demands and market demands.

Therefore,

Marketers must weigh carefully the costs of additional information against the benefit resulting from it.

To learn more about Marketers from the given link:

brainly.com/question/25369230

8 0
2 years ago
When budgets are used for control,
ladessa [460]

Answer:

(C) actual amounts from different years are compared.

Explanation:

Budgets are used for control. To compare the performace is necessary to have a same period, with almost the same characteristics and evaluate the actual performance. In sales for example, the bussineses has different seasons around the year, and because some sociodemographic reasons.

5 0
3 years ago
Ann's attempt to open a salad bar in a small town failed. Her husband is trying to sell the tables and chairs she purchased. He
Vaselesa [24]

Answer: Qualifying

<span>Ann's husband is engaged in the qualifying process. He suspects Handlemann's Deli may be a potential buyer for the furniture he needs to sell. And he is now in the process of determining if Handlemann's Deli has a certain characteristic (inclination to purchase) to qualify him as his prospect.</span>

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3 years ago
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