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iragen [17]
3 years ago
11

If the price of Product E decreasing by 2% causes its quantity demanded to increase by 14% and the quantity demanded for Product

F to increase by 17%, what is the cross-price elasticity of demand? Round your answer to one decimal place. What is the relationship between these goods? A) no relationship
B) complements
C) substitutes
Business
1 answer:
Reika [66]3 years ago
5 0

Answer:

B) complements

Explanation:

The cross elasticity shows a relationship between the percentage change in quantity demanded with the percentage change in the price.

In case of the substitute goods, the relation between the price and the quantity demanded is positive that means if the price of goods increased than the quantity demanded is also increased

And, In case of the complementary goods, the relation between the price and the quantity demanded is  negative that means if the price of goods increased than the quantity demanded is decreased

According to the given situation, the most appropriate option is B.

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Lera25 [3.4K]

The answer is <u>"self-serving bias".</u>


A self-serving bias is the normal habit for a man assuming praise for positive occasions or results, yet reprimanding outside elements for negative occasions. This can be influenced by age, culture, clinical conclusion, and the sky is the limit from there. It has a tendency to happen broadly crosswise over populaces.  

Self-serving bias happens in every extraordinary sort of circumstances, crosswise over sexual orientations, ages, societies, and more.

5 0
3 years ago
during the second stage of the ethical decision-making process, managers must determine whether a proposed decision would violat
nikdorinn [45]

When a manager needs to make a decision using the ethical decision-making process and reaches the second stage, they check whether the decision violates the c. fundamental rights of any stakeholders

The ethical decision-making process involves making decisions that are consistent with the relevant ethical views of the company which it draws from the society it is based in.

The second stage of this process involves checking whether the ethics involved in a certain decision, would violate the fundamental rights of shareholders which include:

  • The right to ownership
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  • The rights to evaluate corporate decisions
  • The right to voting power

This is to ensure that the shareholders are taken care of because the first duty of a manager is to their shareholders.

In conclusion, managers need to check whether a decision affects the fundamental rights of shareholders before they embark on it.

<em>Find out more at brainly.com/question/8864856.</em>

<em />

The options for this question include:

a. utilitarian beliefs

b. the global commons

c.  the fundamental rights of any stakeholders

d. home country values

4 0
3 years ago
How are dividing fractions used in real life?
AnnZ [28]
Art Projects

Have you ever made a collage as a group, or painted a wall for a community project. Whenever you do something like that you are given a certain piece to do. This is division. When divided the workload becomes easy and light and when working together side by side, you are learning valuable people skills.
6 0
3 years ago
Which of the following closings is most effective? a.Bring your lunch and join the group! Because the room is limited to 30, ple
givi [52]

Answer:

Lunch and learn are casual gatherings where individuals can eat just as find out about the meeting. It is an open door for colleagues of various fields to share their expertise and experience. This methodology can urge and rouse representatives to learn.  

( a). This end isn't a lot of viable as it doesn't make a decent effect on the brains of the members. The end ought to be welcoming individuals not giving them the courses of events to book reservations. Greeting ought to be offered uniquely to the quantity of individuals constrained to the quantity of seats accessible.

(b). It is the best shutting as Lunch and Learn ought to be entertaining. On the off chance that the occasion has been at short notification, members can bring their own lunch and accumulate for an enjoyment learning meeting. This end is additionally a casual greeting for the casual meeting.  

(c). This shutting isn't a lot of successful as Lunch and Learn is progressively about Learn while having nourishment. There is a casual conversation about work while eating. It is nothing worried about how to eat brilliant or eating high-calories.  

7 0
3 years ago
Dwayne has renters insurance that he must pay twice a year. If each payment is $84, how much money should he set aside each mont
lozanna [386]

since he has to pay it 2 times a year, it should be divided by 6. so 84/6=14

Answer: C. $14

4 0
3 years ago
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