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Flura [38]
3 years ago
10

Suppose the own price elasticity of demand for good X is -3, its income elasticity is -3, its advertising elasticity is 4, and t

he cross-price elasticity of demand between it and good Y is 2. Determine how much the consumption of this good will change in percentage if:
a. The price of good X decreases by 7 percent.

b. The price of good Y increases by 9 percent.

c. Advertising decreases by 2 percent.

d. Income increases by 5 percent.
Business
1 answer:
WINSTONCH [101]3 years ago
8 0

Answer:i dont know

Explanation:

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How does hearing take place​
BaLLatris [955]

Answer:

Sound waves travel into the ear canal until they reach the eardrum. The eardrum passes the vibrations through the middle ear bones or ossicles into the inner ear. The inner ear is shaped like a snail and is also called the cochlea.

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3 years ago
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As of 2018, U.S. tax law limits the tax deduction for interest payments to 30 percent of: Multiple Choice
frutty [35]

Answer:

EBIT

Explanation:

As of 2018 US Tax law limits the tax deduction for interest payments to 30 percent of EBIT.

<em>The Office of Tax Policy develops and implements tax policies and programs, reviews regulations and rulings to administer the Internal Revenue Code.</em>

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4 0
3 years ago
Suppose that the annual coupon rate for a TIPS is 2%. Suppose further that an investor purchases $100,000 of par value (initial
lord [1]

Answer:

$1012.50 ( dollar coupon interest paid at the end of  6 months  )

Explanation:

par value ( initial value ) of TIPS = $100000 ( PO)

coupon rate = 2% ( r )

Annual inflation rate = 2.5% ( R )

semi-annual inflation rate = 1.25%

A) what is the dollar coupon interest paid after 6 months

=  inflation adjusted principal after 6 months *  r / 2   equation 1

inflation adjusted principal after 6 months( P1 ) = PO * ( 1 + R /2 ) equation 2

                                         = 100000 * ( 1 + 1.25% ) = 100000 * 1.0125=$101250

therefore back to equation 1

P1 * 0.02 / 2 = 101250 * 0.01 = $1012.50 ( dollar coupon interest paid after 6 months  )

7 0
3 years ago
The Red Baron saw Snoopy sitting on his dog house, writing his greatest novel. Snoopy was so involved with his story writing tha
Oduvanchick [21]

Answer:

The correct answer is letter "D": intentional infliction of emotional distress.

Explanation:

Intentional infliction of emotional distress or IIED is a common law applied when an individual causes emotional distress to another person intentionally by behaving inappropriately. Intentional infliction of emotional distress is usually accompanied by physical injuries.

8 0
3 years ago
In year 1, nominal GDP for the United States was $2,250 billion and in year 2 it was $2,508 billion. The GDP deflator was 72 in
leonid [27]

Answer:

c. 1.6 percent.

Explanation:

GDP Deflator = Nominal GDP / Real GDP * 100

year 1

Real GDP = $2250 billion/72*100

                = $ 3125.

year 2

Real GDP = $2508 billion/79*100

                = $3175  

Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)

                              = $3175 - $3125

                              = $ 50

% increase = $50/$2,250*100

                  = 1.6%

Therefore, The Real GDP rose by 1.6%.

7 0
4 years ago
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