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.
Answer:Young, energetic politicians, mostly from the South and the West and known as War Hawks, initiated legislation designed to steer the United States towards war. Leaders of this group included Henry Clay of Kentucky, John C. Calhoun of South Carolina, and Felix Grundy of Tennessee.
Explanation:
the source of sediment for the morrison formation is true
Answer:
The Dark Ages were between 476 AD and 1453
Explanation:
The "Dark Ages" is a historical periodization traditionally referring to the Middle Ages that asserts that a demographic, cultural, and economic deterioration occurred in Western Europe following the decline of the Roman Empire.
Thinking more logically, more idealistically, and more abstractly comprise the processes of cognitive development that occur in the transition from childhood to adolescence.
The improvement of a child's ability to reason and think is known as cognitive development. From ages 6 to 12, and from ages 12 to 18, this growth occurs in a different way. It encourages kids to reflect on and comprehend their surroundings. Cognitive development includes the development of the brain.
Adolescence is the time in a person's life when their thinking begin to become more abstract and their egocentric thoughts lessen. One can think and reason more broadly as a result of this.
To learn more about adolescence here
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