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.
The first three options refer more to the emphasis on the environment: they emphasize the environmentally friendly way of production through recycling, limiting waste and using renewable resources: they don't say anything about the quality of the production.
The correct answer is: Natural resources are very important.
Answer:
C. Alcohol is the correct answer.
Explanation:
- Alcohol is a drug that makes a person feel lively at parties but it slows down the body system and impairs thinking and behavior.
- Alcohol affects the functioning of the body and mind, it decreases the thinking ability and distorts person judgment.
- When a person consumes alcohol it also affects the brain communication system that affects the way brain works and these disturbances change behavior,coordination and mood.
Answer:
Christianity was alienated by the japanese
Explanation:
They viewed as a foreign religion and did not like it.