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Answer:
A. positive cross-price elasticity of demand
Explanation:
For substitute goods we always have a positive cross-price elasticity of demand. The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases.
For example, if the price of a
brand of beverage increases, the quantity demanded for a substitute beverage increases, this happens because consumers will quickly switch to a less expensive yet substitutable alternative. In the cross elasticity of demand formulae both the price and product are positive.
Answer: Discount rates are used to determine today's value of money paid or received at some future time.
This calculation is used in the cost-benefit analysis in order to place all economic flows of a project that occur at different points in time into a single year currency so that costs and benefits can be compared.
The rates used are typically around 10%, but try to analyze them with other rates between 5% and 15% to determine if the viability of the project is sensitive to the discount rate. It is defined by World Bank or the government of the country concerned.
The answer is D waive his/ her right to a probable cause hearing
