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Soloha48 [4]
3 years ago
5

If the price falls by 50% and the quantity demanded falls by 25%, find cross price elasticity of demand

Business
1 answer:
Rashid [163]3 years ago
6 0
Simply divide the percentage change in the quantity demand with the percentage change in price, giving you a positive value of 0.5. This shows that it is inelastic and the two goods are substitutes to each other.
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How can business help in solving social problem​
Katen [24]
Business generates those resources when it makes a profit. And those resources can help to solve social and environmental problems, they only have to reallocate these profits to social problems. Many companies don't still know but, when they really make profit is when they solve social problems.
3 0
3 years ago
"New York City is issuing $500,000,000 of general obligation bonds paying interest on January 1st and July 1st of each year unti
poizon [28]

Answer:

  • 8 months for the first interest
  • 6 months for the second

Explanation:

The interest is to be paid semi-annually which means that it accrues for 6 months. However, the bond was issued on May 1, 2020 which is 8 months before the first interest payment on January 1, 2021 so the January payment will have to cover for those months as interest starts to build immediately the bond is purchased.

The second payment on July 1, 2021 will cover the period of 6 months between January 1 and July 1, 2021.

8 0
3 years ago
Which challenge leads to development of incorrect features and functionalities in IS?
MrRa [10]

Answer:

D.

project completion constraints

Explanation:

can u make this brainly

6 0
3 years ago
Read 2 more answers
Mars Inc. produces 100,000 boxes of Snickers bars which sell for $4 a box. If variable costs are $3 per box, and it has $150,000
Maru [420]

Answer:

keep producing as variable costs are being met.

Explanation:

A firm should shutdown in the short run if price is less than average variable cost. But since price is greater than the average variable cost, the firm should keep producing in the short run.

I hope my answer helps you

6 0
3 years ago
Which of the following influences the consumer when he or she is deciding wether to buy a product?
Georgia [21]

Answer:

D.

Explanation:

The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.

These factors include psychological factor, social factor, cultural factor, situational factor, etc.

Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.

Therefore, option D is correct.

5 0
3 years ago
Read 2 more answers
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