Answer: The value of cross price elasticity is 1.6.
Step-by-step explanation:
Since we have given that
Percent change in price = 10%
Percent change in quantity = 16%
So, we need to find the cross price elasticity between the two movie club memberships.
As we know the formula for cross price elasticity :
Hence, the value of cross price elasticity is 1.6.
Answer:
The correct answer is 32x - 4
Step-by-step explanation:
1) Simplify 6 + 2 to 8.
2) Simplify 8 + 8 to 16.
3) Simplify 2x × 16 to 32x.
<u>Therefor</u><u>,</u><u> </u><u>the</u><u> </u><u>answer</u><u> </u><u>is</u><u> </u><u>32x</u><u> </u><u>-</u><u> </u><u>4</u>.
Answer:
See the image below:)
Step-by-step explanation:
I can only show half of the steps, but these are some of the steps. You can use the app photo math, just take a picture and it will show you the steps and answer.
