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sergiy2304 [10]
3 years ago
14

When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici

ty of demand between erasers and pencils is ________ because erasers and pencils are ________.a. 1; substitutesb. 1/2; complementsc. 0; normal goodsd. 0; unrelatede. −1/2; complements
Business
1 answer:
Inga [223]3 years ago
3 0

Answer:

d. 0; unrelated.

Explanation:

Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.

A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.

In this question, the cross elasticity is zero because biro and pencil are not related.

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Capital brought into a business in exchange for a percent of ownership in the business is called
neonofarm [45]

Answer:

D: Equity financing

Explanation:

Equity is ownership in the business - equity financing means giving up ownership in order to secure financing.

3 0
3 years ago
bought 2,000 shares of Print Company stock for $12,780. She sold the stock for $7 per share and paid a sales commission of $26.
Svetach [21]

Answer:

$1,194

Explanation:

The buying price of the shares was  $12,780

The selling price was $7 dollars for each.

The total amount realized is 2000 share  x $ 7

=$14,000

The commission paid is $26

Net amount obtained is $14,000 -$26

=$13,974

Profit will be $13,974 -$12,780

=$1,194

6 0
3 years ago
Omega corporation and precision products, inc., are the principal suppliers of their product in their market. they agree that om
seraphim [82]

Answer:

A per se violation

Explanation:

A per se violation is one that violates antitrust laws for example agreements made that violates the Sherman antitrust act. It has adverse effects on the competitiveness of a market.

Sherman antitrust act of 1980 is aimed at regulating competitiveness in a market. It prohibits anticompetitive agreements, and unilateral activities that tries to monopolize a market.

In this scenario Omega corporation and precision products, inc., are the principal suppliers of their product in their market. They make an agreement that one will focus on retailers and the other on wholesalers.

This is an attempt to monopolize the market by the two principal suppliers, and is a violation of the Sherman antitrust act.

6 0
3 years ago
$1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If your nominal annual required rate of ret
Georgia [21]

Answer:

$1,115.58

Explanation:

Calculation to determine how much should you be willing to pay for this bond

Using this formula

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Where,

Par value= $1,000

Cupon= $35

Time= 10*4= 40 quarters

Rate= 0.12/4= 0.03

Let plug in the formula

Bond Price​= 35*{[1 - (1.03^-40)] / 0.03} + [1,000/(1.03^40)]

Bond Price​= 809.02 + 306.56

Bond Price​= $1,115.58

Therefore how much should you be willing to pay for this bond is $1,115.58

6 0
3 years ago
What is the argument in this formula? =AVERAGE(B11:H14) AVERAGE H11 B11:H14 B11
Whitepunk [10]

Answer:

The Answer is D. B11:H14

Explanation:

A got a good grade

8 0
3 years ago
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