Answer: The value of cross price elasticity is 1.6.
Step-by-step explanation:
Since we have given that
Percent change in price = 10%
Percent change in quantity = 16%
So, we need to find the cross price elasticity between the two movie club memberships.
As we know the formula for cross price elasticity :
Hence, the value of cross price elasticity is 1.6.
The answer is B i had this problem.
Answer:
yes, it is.
Step-by-step explanation:
110,571 divided by 3 is 36857. So, since the answer is not a decimal or a fraction, 110,571 is divisable by 3
The second answer is correct because in order for the ordered pairs to represent a function, there can only be 1 y value for every x value. The second option has 2 different y values for x = 3 so it is not a function.
The answer is the second option.
The quotient for the question is: -343
