Answer:
-2
Explanation:
To find the cross price elasticity between to goods, we use this formula:
Cross Price Elasticity of Demand = % change in quantity demanded of good 1 / % change in the price of good 2
Now, we plug the amounts into the formula
Cross Price Elasticity of Demand = -50% / 25%
= -2
It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.
<h3>What is the purpose of
sponsorships in a firm?</h3>
sponsorships is essential for the firm because it will help them to be able to sponsor their advertisement of their brand so as to bring more profit.
In this case, It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.
Learn more about sponsorships on:
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A thing that motivates or encourages someone to do something
Answer:
The marginal cost will most likely increase to $2.00
To minimize chances of accident when operating a personal watercraft, it is best to always monitor and check the pwc's engine to prevent any leakage or damage in a way that would be dangerous if had not check and had bee operated on. It is best to be mindful and cautious when operating the pwc, especially when you are around with other people with boats to prevent crashing.
