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: CRITICAL LISTENING
EXPLANATION:
Critical listening refers to the form of listening that involves analysis, indebt thinking and making judgment.
However, critical listening occurs when an individual want to comprehend what is being said by the other person, but simultaneously have some responsibility or reason to evaluate what the speaker is saying and the manner it's being said.
Critical listening helps in assumptions evaluation, and other important information during the interaction. In critical listening, the listener undertakes systematic thinking and reasoning, and this allows the listener to derive whether there's any evidence in the speaker’s speech. Persons with critical listening do not use their opinions to adhere to arguments that are proved to be illogical. They establish facts to evaluate the argument put forth by the speaker, rather than mere opinions. Hence, it involves making a decision in problem-solving procedures.
Conclusively, a person with critical thinking skills are capable of making good decisions in proffering solutions to problems. Hence, these skills helps to increase productivity, laying emphasis on how critical listening plays a vital role during communication.
Answer:
n the economic study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives
Explanation: give me brainly have a blessed day :D
Answer: Sudan is located at letter B Somalia is located at d
Explanation:
have a nice day or night