Answer: The value of cross price elasticity is 1.6.
Step-by-step explanation:
Since we have given that
Percent change in price = 10%
Percent change in quantity = 16%
So, we need to find the cross price elasticity between the two movie club memberships.
As we know the formula for cross price elasticity :

Hence, the value of cross price elasticity is 1.6.
Answer:
0.3339 = 33.39% probability that both Dave and Mike will show up
Step-by-step explanation:
Probability of independent events:
If A and B are independent events, the probability of both happening at the same time is given by:

In this question:
Event A: Dave shows up.
Event B: Mike shows up.
Christine knows that there is a 47% chance that Dave will not show up and a 37% chance that Mike will not show up.
This means that
.
a. What is the probability that both Dave and Mike will show up

0.3339 = 33.39% probability that both Dave and Mike will show up
The formula of a slope:

We have the points (4, -4) and (k, -1) and the slope m = 34.
Substitute:

Adding 49 will explain it properly just do that and you will get the answers
Setting up the equation
_______________________
1)Add two x and four x together on the left side. On the right, add 10 and 7.
6x+3=17-x
______________________
Solve:
2)Add x to both sides.
7x+3=17
3) Minus 3 from both sides
7x=15
Divide 15 by seven.
x=<span> 2.14285714286
</span>Hope this helped! Have a happy holiday!