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nadezda [96]
3 years ago
5

If Good C increases in price by 50 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % 60% , what

is the cross-price elasticity of the two goods? Round your answer to one decimal place. What is the relationship between the two goods? no relationship substitutes complements
Business
2 answers:
Natalka [10]3 years ago
7 0

Answer:

1.2  substitutes is the relationship between the two goods.

Explanation:

Paha777 [63]3 years ago
6 0

Answer:

Cross price elasticity = percent change in the quantity demanded of good D / percent change in the price of good C = 60% / 50% = <u>1.2</u>

When the cross price elasticity between two groups is higher than 1, the goods are <u>substitute</u> of each other. This means that an increase in the price of good C will increase the quantity demanded of good D.

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If the management decision problem is: "should a new product be introduced?" what is the most appropriate marketing research pro
natita [175]
There should be consider if the product is necessary.
4 0
3 years ago
N Force, a U.S. car manufacturing company, has expanded its business operations to China. Unlike their U.S. colleagues, many Chi
Ede4ka [16]

Answer:

c. Requesting leaders to impart the message to employees

Explanation:

As the culture of an organization that suits to china in terms of elders here the best way to pass the message i.e. from the leaders to the employees

The option c would represent the same and considered to be best suited in China with respect to the top-down hierarchical culture so that the message could be spreaded

5 0
3 years ago
) a substance decays 22ach day. after 7 days, there are 9 milligrams of the substance remaining. how many milligrams were there
mamaluj [8]

A substance decays in 22ach days. after 7 days, there are nine milligrams of the substance last. milligrams had been there to start with:

at the give-up of each day, you are left with (100- 22)% = 7-8%, that is 0.7-8Tim.

To decay is described as to rot, lose strength or become worse. An example of degradation is while old fruit begins to rot. An instance of degradation is whilst a community begins to come to be crime-ridden. A falling into spoil.

a few common synonyms of deterioration are decomposed, putrefy, rot, and spoil. even as these types of words suggest "to go through negative dissolution," decay implies a sluggish exchange from a country of soundness or perfection.

The wooden of the white pine is long-lasting for indoor use, in particular, whilst covered by means of paint, however, while uncovered to moist air it swiftly decays, and it is very prone to dry rot; its miles are said to be excellent while grown on sandy soils.

Learn more about decays here: brainly.com/question/25537936

#SPJ4

7 0
1 year ago
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a(n) ______ strategy.
IRINA_888 [86]

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

<h3>What is multinational enterprise?</h3>

Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.

They also involve in production of goods and services.

Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

Learn more on cooperation here

brainly.com/question/1669538

7 0
2 years ago
If you watch TV for two hours, you dont spend any money. Does this mean that you do not have an opportunity cost for watching TV
k0ka [10]

Answer:

No, Watching TV has an opportunity cost

Explanation:

Opportunity costs represent the forfeited benefits for preferring a certain option over others. It is the foregone benefits from the next best alternative.

Watching TV for two hours has an opportunity cost. By watching TV, a person has sacrificed doing other things. The two hours could have been used in other ways like working, studying, swimming, or playing. By watching TV, the person missed benefits from the other activities. The other activity that would have resulted in more benefits other than watching TV is the opportunity cost.

8 0
3 years ago
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