Answer:
True
Explanation:
Because the less product means less sales and less happy people. Hope this helps.
Answer:
Im going with either 1million a day or 10k an hour
Answer:
The answer is D
Explanation:
In order to achieve your goals one will want to read about there chosen job.
Answer:
Decreases and the equilibrium quantity increases
Explanation:
If more children join Susie in the lemonade business, the supply of lemonade would increase. This is indicated by a rightward shift of the supply curve. Because supply has increased relative to demand , price would fall and equilibrium quantity would increase.
I hope my answer helps you
Answer:
The cross price elasticity of demand measure how sensitive is the demand of the product X is due to the change in the price of the product Y.
The formula is stated as: Percentage change in the quantity demanded of product X / Percentage change in the price of product Y.
Further, cross price elasticity can be divided into Positive, negative and zero.
Hope this clears things up.
Good Luck.
