Answer:
A) 29%
Explanation:
W= (.14-.05)(.39^2)-(.21-.05)(.20)(.39)(.4)
(.14-.05)(.39^2)+(.21-.05)(.20^2) - (.14-.05+.21-.05)(.20)(.39)(.4)
B = 71% A =1-0.71= 29%
σ2rp = (.292)(.392) + (.712)(.202) + 2(.29)(.71)(.39)(.20).4
σ2rp = .045804
σrp = 21.4%
Answer:
5.3%
Explanation:
There are 4,185 unemployment person(78,567-74,382)
So the rate of unemployment persons = ( the number of unemployment / the total number of persons) × 100
= (4,185/78,567) ×100
Coffee and tea are predicted to have the highest positive cross-price elasticity of demand among all the products.
If the price of one good rises while the demand for the other good increases, then the cross price elasticity is positive. When using alternative products, this is feasible. The only alternatives are coffee and tea.
Cross-price elasticity quantifies how sensitive a product's demand is to a change in the price of the related product. Many products on the market have relationships with one another. This could imply that a product's price change could have a positive or negative impact on the demand for another product.
When it comes to substitutes, a rise in price of one substitute drives up demand for the alternative product. Because they always want to maximize utility, consumers frequently do this products. The perceived satisfaction increases with decreasing expenditure.
Learn more about cross-price elasticity here
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Gloria is encountering pressure. In spite of the fact that uneasiness might be an aftereffect of weight, Gloria is encountering weight subsequently of her need to work longer hours to meet a due date.
I hope the answer will help you.
