Answer:
-2
Explanation:
Good X and Y are related goods
When the price of Good X rises by 20 percent the quantity for Good Y falls by 40 percent
Therefore the cross price elasticity can be calculated as follows
= -40/20
= -2
Hence the cross price elasticity is -2
Answer:
Confidentiality
Explanation:
The Ethical standard of Confidentiality is one that demands an individual keeps information about a person or company out of public knowledge. It means that any information you have about a client or company that you work for is strictly meant to be between you and the company; no third parties. Information such as health details, company earnings, therapy session details, etc are examples of information meant to be kept confidential. A failure to keep confidentiality can result in legal action being taken against the erring individual.
Cheers
The answer is Wireless networks
Do not share your information. Identity theft is on the rise year after year. We carry our personal information in apps on our phones, on online accounts as well as when we check our credits on non-certified websites. Always use incognito mode when purchasing and never save your credit card or password to personal sites.
Answer:
A. a monopoly faces a downward sloping demand curve.
Explanation:
In business, it is seen to occur because they have no competition, monopolists have no incentive to improve their products. A lot of their focus is instead placed on maintaining monopolistic conditions through bribing their way and other tactics that dissuade competitors from entering the market.
Demand curve slopes downward, this is said to decreases with each unit of production beyond the profit maximizing quantity and in the eyes of the monopolist, cash is lost with each additional unit been produced, causing marginal cost exceeds marginal revenue. This causes the restricted output and higher costs that characterize products produced by monopolists.
Because the demand curve slopes downward, marginal revenue decreases with each unit of production beyond the profit maximizing quantity. Thus, the monopolist loses money with each additional unit produced, as marginal cost exceeds marginal revenue.
