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
Tema [17]
3 years ago
11

When the price of penguin patties decreases by 5%, the quantity of flopsicles sold increases by 4% and the quantity of mookies s

old decreases by 5%. Your job is to use the cross-price elasticity between penguin patties and the other goods to determine which goods your marketing firm should advertise together.
Business
1 answer:
VLD [36.1K]3 years ago
5 0

Answer:

Penguin patties and mookies should be marketed together

Explanation:

The cross price elasticity of supply calculates the effect of the percentage change in quantity supplied on the percentage change in price

If the cross-price elasticity of supply is positive, it means that the goods are complementary goods.

Complementary goods are goods that are sold together  and they should be marketed together.

The decreases in price of penguin patties should lead to a decrease in supply for the complement good. Since the quantity of mookies sold decreases by 5%, they are complements and should be marketed with the penguin patties

You might be interested in
sales of new homes increased each month of the last year the economy is likely in. recession. expansion a trough or a plummet
olya-2409 [2.1K]
Expansion ..............
5 0
3 years ago
The efficient frontier of risky assets is
Ivenika [448]

Answer:

A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.

Explanation:

The Efficient frontier refers to the portfolios set that involves that expected return whose return is high at the level of minimum risk so the asset that contains the high risk profile that investment opportunity set portion should be above the variance portfolio i.e. minimum globally

Therefore the correct option is a.

8 0
3 years ago
Which is a feature of permanent insurance?
Dmitry [639]
<span>A term policy's cost increases at the end of each term. If you own a term policy and you want to increase your coverage, your health will have to be ...</span>
6 0
4 years ago
Read 2 more answers
The Next Monet, Inc., operated art schools. At one of its classes, John Picasso (no relation to the great artist) was praised by
Schach [20]

Answer:

Option B                            

Explanation:

In simple words, The given case is related to the conclusion made by the court in the famous case of  Vokes versus Arthur MurrayLinks, in which the jury in the court rules that,  a determination of a party carrying better information about a subject matter may be treated as a matter of fact even though it would be treated as an opinion if the parties were speaking for deal  on equal conditions.

7 0
4 years ago
Maria and Javier are the equal partners in MarJa, a partnership that is a qualifying trade or business. In the current year, Mar
erma4kov [3.2K]

Answer: The total of $350,000 will be Maria and Javier's qualified business income.

Explanation:

The amount of guranteed payments, i.e., $500,000 will not be included in the qualified business income. Therefore, their qualified business income is $350,000. Since they are equal partners, we will divide the $350,000 by 2 which will give us $175,000 for each of them.

5 0
3 years ago
Other questions:
  • You expect General Motors (GM) to have a beta of 1.5 over the next year, and the beta of Exxon Mobil (XOM) to be 1 over the next
    14·1 answer
  • Paul and Simone both work for the same accounting firm. Paul is married and has two kids and takes three allowances on his W-4 f
    11·1 answer
  • Using money to try to make more money is called
    15·2 answers
  • The global athletic footwear market is expected to experience only very slow growth over the next several years. Nike is the mar
    14·1 answer
  • 1. Evaluate the situations and offer a workable employee motivational model. • In a department store, salespeople are rewarded b
    10·1 answer
  • If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?
    12·1 answer
  • Rama advertises on the radio that she is selling a cream guaranteed to grow hair. rama knows that the cream will not do what she
    15·1 answer
  • You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 10
    11·1 answer
  • Many unethical behaviors lead to the passage of legislation that makes those
    5·1 answer
  • A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!