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nydimaria [60]
3 years ago
12

If the price of Product E decreasing by 9 % causes its quantity demanded to increase by 14 % and the quantity demanded for Produ

ct F to increase by 12 % , what is the cross-price elasticity of demand?
Business
1 answer:
Alona [7]3 years ago
3 0

Answer:

1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

Cross price elasticity = percentage change in quantity demanded of good F / percentage change in price of good E

12% / 9% = 1.33

I hope my answer helps you

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Naya [18.7K]

Third option I would say goodluck

5 0
2 years ago
Eddie was surprised to learn that not everyone would receive a bonus this year instead management plan to
dmitriy555 [2]

Eddie's company is using a forced ranking performance review system.

<h3>What is forced ranking?</h3>
  • Forced ranking, the contentious practice of grading employees against one another rather than against performance criteria, is all the rage in corporate America.
  • Employees are evaluated from best to worst depending on their performance in a system known as forced ranking.
  • This system can be used to find top talent, assist managers in identifying individuals who require growth, and give a framework for granting incentives and promotions.
  • This not only makes staff feel unmotivated and disengaged, but also fosters unneeded internal competition, which can be harmful to synergy, creativity, and innovation and divert attention away from marketplace fulfillment.

Therefore, Eddie's company is using a forced ranking performance review system.

Know more about forced ranking here:

brainly.com/question/6626507

#SPJ4

The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.

6 0
2 years ago
What are the goals when a government uses expansionary monetary policy?
Ainat [17]

Answer:

stimulating economic growth

Explanation:

Expansionary monetary policies are the action by the Fed that aims at stimulating economic growth.  They aim at increasing the money supply in the economy. Examples of expansionary monetary policies are open market purchases, reduction of the discount rate, and reduction in the reserve requirement ratio.

Expansionary monetary policies stimulate economic growth by encouraging investments and consumption spending. When the discount rate is reduced, interest rates reduce automatically. Banks will loan out more when they a lot of money in their custody. Expansionary monetary policies are applied when there is a slowdown in economic growth.

5 0
2 years ago
Rich and Lucy were married for 52 years. Rich died on May 9, 2020. Lucy has no dependents, and she did not remarry. The correct
KATRIN_1 [288]

Based on the year that Rich died and the year that Lucy is filing her taxes, the most favorable filing status is <u>Married filing jointly. </u>

Current tax laws are such that if a person loses a spouse in a certain year and does not remarry in that year, they can file in a joint manner with their now late spouse.

Rich died in 2020 and Lucy did not remarry. Lucy's 2020 returns can therefore be filed as a joint filing with Rich even though he is no longer alive.

In conclusion, the correct answer is option A.

Find out more about joint filing at brainly.com/question/2433386.

4 0
2 years ago
Read 2 more answers
Darcy Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
meriva

Answer:

$ 102,100

Explanation:

Based on the scenario been described in the question the incremental Analysis for replacement of old equipment:

Cost of New used lift

$ 190,500

Saving in Incremental Cost of Repair of old lift

$ (45,000)

Reduction in Annual operating expenses = $25,600 * 6 years

$ (153,600)

Annual Rent revenue from new used lift = $11,000*6 years

$ (66,000)

Sale price of old lift

$ (28,000)

Saving in Incremental Costs

$ (102,100)

Net income increase

$ 102,100

Hence, the net income shall increase by $102,100 if the old liftis replaced.

3 0
3 years ago
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