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Mice21 [21]
3 years ago
9

The cross-price elasticity of demand between American Eagle and Hollister is 2.0. What does

Social Studies
1 answer:
brilliants [131]3 years ago
8 0

Answer:

Suggests that these are substitute goods

Explanation:

Demand cross elasticity measures the percentage change in the quantity demanded of a good given a percentage change in the price of another substitute good. Thus, the calculation of elasticity being 2, suggests that a percentage increase in the price of one store will increase the demand for products of the other store. In other words, a 1% increase in the price of one store will cause consumers to buy two units in the other store, replacing the store product whose price has increased.

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Answer: The goods have a better quality

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Hunters tend to pass through five stages of development. what is the focus during the trophy stage?
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The focus during the trophy stage is "<span>quality of game rather than quantity".</span>

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<span>1.      </span>The Shooter Stage

<span>2.      </span>The Limiting Out Stage

<span>3.      </span>The Trophy Stage

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6 0
3 years ago
Read 2 more answers
A child who can understand adding and subtracting by using blocks, but cannot think logically about these abstract concepts when
TiliK225 [7]

Preoperational is the answer

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yanalaym [24]

Answer:

Property rights and obligations

Explanation:

Individuals and firms have a moral responsability to respect property rights. This is because the right to private property is not only a legal right, but a natural right, the word natural here meaning that it is right that people have because they are human beings.

This is the reason why individuals and organizations must respect intellectual property. Intellectual property is like any other type of property even if its not physical. It is subject to the same moral dimension.

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