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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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Which of the following is a difference between outsourcing and inshoring?
Strike441 [17]

Answer: Option (A) is correct.

Explanation:

Outsourcing is known as the agreement under which one organization hires or employee another organization in order to be responsible existing or  for a planned activity that tends to be done internally, and at times involves transferring workers and assets from an organization to another.

Inshoring is referred to as the opposite of Offshoring. It is known as the process or method of moving an organization or its business operation from abroad to a local country.  It is also referred to as outsourcing of workers domestically.

4 0
3 years ago
Over the years, O'Brien Corporation's stockholders have provided $20,000,000 of capital, when they purchased new issues of stock
shepuryov [24]

Answer:

$13,000,000

Explanation:

Given that,

Total Book Value of Equity = $20,000,000

Common stock outstanding = 1,000,000 shares

Selling price per share = $33.00

Market value of equity:

= Selling price per share × Shares outstanding

= $33.00 × 1,000,000

= $33,000,000

O'Brien's MVA:

= Market value of equity - Total Book Value of Equity

= $33,000,000 - $20,000,000

= $13,000,000

3 0
3 years ago
The difference between the upper specification and the lower specification for a process is 0.600.60. The standard deviation is
Arte-miy333 [17]

Answer:

1

Explanation:

The computation of the process capability ratio is shown below:

As we know that

Process capability ratio is

= (USL - LSL) ÷ (6 ×  Standard Deviation)

where USL = Upper Specification Limit

LSL= Lower Specification Limit

Their difference is 0.600

And, the standard deviation is 0.100

Now placing these values to the above formula

So, the process capability ratio is

= 0.600 ÷ (6% × 0.10)

= 1

6 0
3 years ago
An increase in the standard of living results from an increase in which of the following?​
Alenkinab [10]

Income and employment.

Standard of living is the level of wealth and comfort available to individuals.

7 0
3 years ago
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frutty [35]
The answer id 0


hope this helps!!
5 0
3 years ago
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