1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mkey [24]
3 years ago
13

For each of the following pairs, predict whether the cross-price elasticity of demand will be positive or negative:

Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
3 0

Answer:

a) Positive.

b) Positive.

c) Negative.

Explanation:

a. Soap and hand sanitizer.- Positive cross elasticity of demand.

b. CDs and MP3s.- Positive cross elasticity of demand.

c. Sheets and pillowcases.- Negative cross elasticity of demand.

Cross price elasticity of demand are used as tool to measure the demand of one product by the change in price of related product like subtitute or complimentry goods and service. It is calculated by using ratio or percentage change in quantity demanded by percentage change in price of a related goods.

You might be interested in
PLSS HELP -->> societies make decisions about who gets the goods they produce by:
ipn [44]

Answer: C

Explanation: it’s c

5 0
3 years ago
According to the Fisher effect, if the "real" rate of interest in a country is 3 percent and the expected annual inflation is 8
Pachacha [2.7K]

Answer:

11.24%

Explanation:

Fisher equation:

(1 + nominal interest rate) = (1 + real interest rate) x (1 + expected annual inflation)

1 + nominal interest rate = 1.03 x 1.08

--> Nominal interest rate = 11.24%

3 0
3 years ago
When there are differences between the cash balance per bank and the cash balance per books, this is due to:____.
QveST [7]

When there are differences between the cash balance per bank and the cash balance per book, this is due to the Bank reconciliation statement.

The key difference between cash book balance and bank statement balance is that cash book balance shows the cash balance recorded in a company's cash book while bank statement balance is the cash balance recorded by the bank in its bank records. is.

Such fees and charges are charged to the savings cash balance book, but no entry is made in the cash book unless the company receives the savings book from the bank and records these entries. This creates a difference between the two balances.

Learn more about cash balance at

brainly.com/question/24979735

#SPJ4

6 0
2 years ago
Accounting is the information system that A. processes information into reports. B. measures business activity. C. communicates
Natalka [10]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Accounting is the activity by which the economic transactions of a company are registered in ledgers that together form a group where information is recorded to be summarized at the end of an accounting period in Financial Statements. That report is useful for top managers since they can make decisions about what the firm should implement or replace to maximize the firm's resource allocation and profits.

8 0
3 years ago
How does the way that a search engine gets and organizes information help you understand why Googling alone is not enough?
bixtya [17]

Answer:

The search engine works through three primary functions,

Crawling, Indexing and Ranking

Explanation:

Crawling is the process in which the server works as a spiders and finds out information relevant for the user. Indexing is the way to store the web page. Ranking is the priority through which websites are displayed. The most matched text with the URLs are displayed first. The content in the website is matched with the relevance and then displayed to the user.

6 0
3 years ago
Other questions:
  • When a firm enjoys a competitive advantage, it attracts a significant amount of attention and its products or services can be at
    9·2 answers
  • Branson works for a firm that is expanding into a completely new line of business. He has been asked to determine an appropriate
    8·2 answers
  • Best birdies produces ornate birdcages. the company's average cost per unit is $18.00 when it produces 2,200 birdcages. if $5,50
    6·1 answer
  • Increasing opportunity costs occur along the ppf because:
    10·1 answer
  • Pastoria Enterprises has scheduled raw material purchases of $100,000 in January, $130,000 in February, and $150,000 in March. T
    10·1 answer
  • On Jan. 2, Callie Company received a $700 payment from a customer previously billed for services performed. The journal entry to
    5·1 answer
  • 2. Swinnerton Clothing Company's balance sheet showed total current assets of $900, all of which were required in operations. It
    12·1 answer
  • Larson Manufacturing is considering purchasing a new injectionmolding machine for $250,000 to expand its production capacity. It
    11·1 answer
  • Johnson Bailey and Kailey Clark's corporation, Bailey-Clark Financial, is branching out into the field of escrow handling. They
    9·1 answer
  • Holiday Shipping Express is considering a project that will require $28,000 in net working capital and $87,000 in fixed assets.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!