Answer:
The cross-price elasticity is - 0.8.
Explanation:
The price of antique furniture increased by 10 percent and the quantity demanded decreased by 30 percent, and with no change in the price of refinishing products, the quantity of refinishing products demanded decreased by 8 percent.
The cross-price elasticity of demand measures the change in the demand for a product due to a change in the price of a related good. Negative cross-price elasticity means the goods are complements. Positive cross-price elasticity implies that the goods are substitutes.
Cross price elasticity
=
=
= - 0.8
The cross price elasticity is negative which means that the goods are complements.
Answer: Most Jamaicans in poverty spend more than half of their income on food. Due to Jamaica's extreme inflation and reliance on imports, hunger in Jamaica is greatly exacerbated. Despite governmental food subsidy programs, Jamaica's poor have to spend a large portion of their small incomes on the basics just to survive.
Explanation:
Drugs are dangerous when driving because it can decrease your reaction time. It can disturb your focus and how you estimate your distance and time.
<span>Seleccionar un problema de investigación. Formulación de hipótesis. Variables de interés. Seleccionar niveles de una variable independiente. Seleccionar una variable dependiente .... dos o más teorías. El interés del investigador puede no tener nada que ver con la solución de un problema psicológico o sociológico existente. Como se discutió en el anterior</span>
<span>
True
Cultural hearth is the location or area of a certain culture to where it developed and was cultivated to mature. Hence, cultural experience and perspective can be conveyed through memorable narrative because according to its definition a narrative or a story is any report of connected events, actual or imaginary, presented in a sequence of written or spoked words, or sometimes moving images. </span>