Answer: The value of cross price elasticity is 1.6.
Step-by-step explanation:
Since we have given that
Percent change in price = 10%
Percent change in quantity = 16%
So, we need to find the cross price elasticity between the two movie club memberships.
As we know the formula for cross price elasticity :

Hence, the value of cross price elasticity is 1.6.
<span>8p<84
p<84/8
p<10.5
answer
</span><span>8, 9, 10 are solutions</span>
Answer:
5
Step-by-step explanation:
75/15=5
Bam
Answer:
I Dont understand
Step-by-step explanation:
Answer:
Y= $240
Step-by-step explanation:
Since he had 60 dollar bills and the dollar coins were 4 times that amount, you just multiply 60 by 4.