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statuscvo [17]
3 years ago
9

If cola and iced tea are good substitutes for consumers, then it is likely that: their cross price elasticities are greater than

zero. their price elasticities of demand are less than one. their income elasticities are less than zero. their price elasticities of supply are less than one . NEXT
Business
1 answer:
Simora [160]3 years ago
4 0

Answer:

their cross price elasticities are greater than zero

Explanation:

The price elasticity of cross demand is a measure of the sensitivity of the demand of one good to the price of another good. If goods are considered subtitles, elasticity will be positive, ie when the price of one of the goods rises, the demand for the other will increase. Therefore, the elasticity will be greater than zero.

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Genrish500 [490]

Answer:

Alexander would enhance his stereo playing for 100 dollars more. Mary would pay a lawyer 100$

Explanation:

Socially optimal solution is the situation where all external costs are taken into account, as well as internal costs and benefits. Therefore, If Alexander's benefits from playing the stereo is 250 dollars and Mary's costs are 350 dollars, than in order to get socially optimal solutions, Alexander could enhance his stereo playing for 100 dollars more. Mary would pay a lawyer up to 100 dollars.

3 0
3 years ago
Forte Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 11,000 units were started and as
Semmy [17]

Answer:

b. 10,000.

Explanation:

The number of units completed in April is given by the number of units on April 1st (3,000) added to the number of units started during April (11,000) minus the number of units still in production on April 30th (4,000):

\begin{array}{ccc}Starting\ n^o\ of\ units&3,000\\Units\ started\ in\ April&11,000\\Units\ not\ completed\ in\ April&(4,000)\\Units\ completed\ in\ April&10,000\end{array}

10,000 units were completed during April.

4 0
3 years ago
Explain how<br> Globalization<br>can impact a labor market.​
Romashka-Z-Leto [24]
It’s clearly contributing to increased integration of labor markets and closing the wage gap between workers in advanced and developing economies, especially through the spread of technology. It also plays a part in increasing domestic & income inequality ^^
3 0
3 years ago
what process include devising and maintaining a workable scheme to ensure that the project addresses the organization's need
nadezda [96]

Answer:

Planning

Explanation:

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When planning is done it avoids delays, identifies desired goals, reduces risk, and effectively delivers expected result.

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6 0
3 years ago
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Lemur [1.5K]

Answer:

Option A (Raises wages and employment in that industry)

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5 0
2 years ago
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