1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bija089 [108]
3 years ago
10

The formula for the cross-price elasticity of demand is percentage change in rev: Multiple Choice quantity demanded of B/percent

age change in price of B. quantity demanded of B/percentage change in income. quantity demanded of B/percentage change in price of A. price of B/percentage change in quantity demanded of A.
Business
1 answer:
seropon [69]3 years ago
3 0

Answer:

Quantity demanded of B/percentage change in price of A.

Explanation:

Cross price elasticity of demand is calculated as follows:

= Percentage change in quantity demanded for Good B ÷ Percentage change in price of good A

Cross price elasticity of demand is positive for the substitute goods and negative for the complimentary goods.

For Substitute goods:

It states that there is a positive relationship between the price of a good and the quantity demanded for its substitute goods.

For complimentary goods:

It states that there is an inverse or negative relationship between the price of a good and the quantity demanded for its complimentary goods.

You might be interested in
Tom operates an illegal drug-running operation and incurred the following expenses:Salaries $ 75,000Illegal kickbacks 20,000Brib
SSSSS [86.1K]

Answer:

Correct option is B

$160,000

Explanation:

From the question above, Cost of goods sold of $160,000 is treated as a negative item in calculating gross income rather than as a deduction.

For a drug dealer like Tom, all deductions

listed above are disallowed.

8 0
3 years ago
For its newest gaming console, Star Electronics decides to tell consumers about the product by placing a full-page advertisement
m_a_m_a [10]

The magazine ad which helps the firm to tell prospective consumers about the electronic product is as example of channel of communication in communication process.

<h3>What is a channel of communication?</h3>

This are different mediums through which a firm or sender send its  message to its intended audience.

Therefore, the magazine ad plays the role of a channel of communication because its helps to tell prospective consumers about the its electronic product

Read more about channel of communication

<em>brainly.com/question/771405</em>

8 0
2 years ago
Abigail (Abby) Boxer, age 38, is a single mother (birthdate April 28, 1982) working as a civilian accountant for the U.S. Army.
DochEvi [55]

Answer:

Step 1 of 4

Aby is a single mother with a dependent child. She files Form 1040A. The form is attached herewith.Some of the highlights are given below:

• Gross Income is calculated as follows.

• Adjusted gross income is same as gross income as there are no deductions for AGI. So, adjusted gross income is $42,730 (line 21).

• Standard deduction under Head of Households is $8,700 (line 24).

• She claims one personal and one dependent exemption. So, her total exemptions are (line 26).

7 0
3 years ago
Firms or agencies that buy goods and services for their own use or for resale are known as? enterprise customers. ultimate consu
Varvara68 [4.7K]

Answer:organization buyers

Explanation:

3 0
1 year ago
Mary invested cash in her new business. which effect will this have?
Licemer1 [7]
Either A or C would be right, because it couldn't be a decrease of the equity.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Wayne Corporation owns 40% of the stock of Robin Corporation and 90% of the stock of Bat Corporation. All of the corporations ar
    13·1 answer
  • Singapore​'s real GDP was 188 billion dollars in 2005 and 196 billion dollars in 2006. The population was 4.4 million in 2005 an
    14·1 answer
  • Match the association type with the person that best fits the description: opportunistic association
    13·2 answers
  • The difference between a job shadow and an internship is what?
    11·2 answers
  • Lamar, an OD consultant, is working with members of a cross-functional team to build cohesiveness and practice skills so the tea
    13·2 answers
  • A Company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Sec
    9·1 answer
  • Which are factors that both budget constraint diagrams and production possibilities frontier diagrams highlight
    6·1 answer
  • The Consumer Products Division of Goich Corporation had average operating assets of $800,000 and net operating income of $81,300
    13·1 answer
  • The return on investment earned by atkins construction company for four successive years was 30% 20% -40% and 200%. What is the
    8·1 answer
  • Inflation: group of answer choices is a continuous decrease in the price level. can obscure relative price changes. always makes
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!