Answer:
-1.25
Explanation:
Given that
Q1 of tomatoes = 3
Q2 of tomatoes = 5
P1 = 1.50
P2 = 1
Using midpoint formula
Recall that
Midpoint = [(Q2 - Q1)/(Q2 + Q1/2)] ÷ [(P2 - P1)/(P2 + P1/2)]
Thus
(5 - 3)/(5+3/2) ÷ (1 - 1.5)/(1 + 1.5/2)
= 2/4 ÷ -0.5/1.25
= 0.5 ÷ -0.4
= - 1.25
The cross price elasticity of demand is -1.25 and they are thus compliments.
Answer: B
Explanation:
I THINK DONT BE MAD IF ITS NOT
Answer:
the lower class
Explanation:
they will lose money for necessities
The answer is "$6.88".
Sales tax rate = 7.4%
price of shoes = $93
Tax paid for a pair of shoes = 7.4% x $93
=7.4/100 x 93
= 0.074 x 93
= 6.882
= $6.88
Answer: take into consideration all the members.
Explanation: If someone is attempting to sell the Markham publishing, then it should take into consideration all the factors that could affect each individual in the buying center, but the factors affecting the decision maker should be given special consideration.
Thus, attention to all members should be given while making any decision.