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Ad libitum [116K]
3 years ago
14

If the price of Pepsi decreases, all else held constant, then we’d expect to see a consequent shift of the demand curve for: Mul

tiple Choice:
Coke to the left.
Coke to the right
Pepsi to the left
Pepsi to the right
Business
1 answer:
ella [17]3 years ago
7 0

Answer:

The correct answer is letter "D": Pepsi to the right.

Explanation:

The demand law states that when the price decreases, the quantity demanded will increase -moving the demand curve to the right, and when the price increases, the quantity demanded decreases -moving the demand curve to the left. The price-quantity demanded relation is inversely proportional.

Thus, if the price of Pepsi decreases, all else constant -<em>ceteris paribus</em>, the quantity demanded will increase moving the demand curve to the right.

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Other things the same, a country that increases its saving rate increases a. neither its future productivity nor future real GDP
Alex787 [66]

Answer:

The correct option is C

Explanation:

Gross Domestic Product is the final value of the total amount of goods produced within a country's geographical boundary in a period of time. GDP can be calculated in 3ways using expenditure, production, or incomes.

6 0
3 years ago
Read 2 more answers
A manufacturer produces 400 units when the market price is $10 per unit and produces 600 units when the market price is $12 per
vodka [1.7K]

Answer:

C. 2.2.

Explanation:

Mid point elasticity is calculated as follows:

<em>% change in qty supplied/ % change in price</em>

<em />

<em>% change in qty supplied</em>

= (600-400)/(600+400)/2

= 0.4

<em> % change in price </em>

= (12 -10)/(12+10)/2

= 0.181

Mid point elasticity

= 0.4/0.18

=2.2

             

5 0
3 years ago
Read 2 more answers
Processing the message and providing some type of feedback is a(an)
miskamm [114]

receipt of message. hope that helps

4 0
3 years ago
Which of the following is described as an event that a company hosts to thank its loyal​ customers?
Jobisdone [24]
<h2>Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>

Explanation:

Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.

Entrepreneur: He is the person who sets up the business.

Crowdsourcing: Obtaining information from a large number of people.

Value proposition: This is an attractive way in marketing to impress and bring more business

Folksonomy: This is to segregate items online according to the category. This is done with the help of tagging an item.

7 0
3 years ago
A manuscript is sent to a typing firm consisting of typists A, B and C. If it is typed by A, then the number of errors made is a
spin [16.1K]

Answer:

(a) E(X) = 3

(b) Var(X) = 12.1067

Explanation:

(a) E[X]

E[X]T = E[X]T=A + E[X]T=B + E[X]T=C

         = (2.6 + 3 + 3.4)/3

         = 2.6 (1/3) + 3(1/3) + 3.4(1/3)

         = 2.6/3 + 1 + 3.4/3

         = 3

(b) Var (X) = E[X²]−(E[X])²

Recall that if Y ∼ Pois(λ), then E[Y 2] = λ+λ2. This implies that

E[X²] = [(2.6 + 2.6²) + (3 + 3²) + (3.4 + 3.4²)]/3

         = (9.36 + 12 + 14.96)/3

         = 36.32/3

         = 12.1067

Var(X) = E[X²]−(E[X])²

          = 12 - 3²

          = 12.1067 - 9

          = 3.1067

8 0
3 years ago
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