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
Vladimir79 [104]
4 years ago
8

When the cross price elasticity between good X and other related goods is positive and very low firm X can be assumed to have?

Business
1 answer:
geniusboy [140]4 years ago
3 0

Answer:

c. a significant amount of market power 

Explanation:

Cross price elasticity measures the responsiveness of quantity demanded of a good to the changes in price of another good.

If the cross price elascitiy is postive, the goods are subsituites.

If the cross price elasticity is negative, the goods are complementary goods.

If the cross price elasticitiy is low the firm has market power. It means that it's consumers do not change the quantity demanded when the price of the good changes

If the cross price elasticitiy is high, the market has low market power.

I hope my answer helps you.

You might be interested in
When planning a budget, the biggest consideration should be the
My name is Ann [436]
Your income so you dont overspend
4 0
4 years ago
In 2013, teller company sold 3,000 units at $400 each. variable expenses were $280 per unit, and fixed expenses were $160,000. w
amid [387]
Total rev = 3000x400 = 1.2 million - (3000 x 280) 840,000 - 160,000 = 200,000 in net income.
4 0
3 years ago
The sustainable growth rate of a firm is best described as the _____ growth rate achievable _____.
galben [10]

The sustainable growth rate of a firm is best described as the Minimum growth rate achievable assuming a 100percent-person retention ratio.

This is further explained below.

<h3>What is a sustainable growth rate?</h3>

Generally, PIMS identifies expansion as a key factor in the achievement of organizational goals. Market share, market growth, the marketing expenditure to sales ratio, and a commanding market position are just a few of the 37 factors cited as crucial to a company's success.

In conclusion, A company's sustainable growth rate may be most accurately stated as the lowest growth rate that may be expected with maintaining a retention ratio of 100 Maximum rates of expansion that may be achieved with an infinite amount of debt funding.

The lowest rate of growth can be achieved by the company while keeping the equity multiplier unchanged.

Read more about the sustainable growth rate

brainly.com/question/5452967

#SPJ1

3 0
1 year ago
Which best describes the Hospitality and Tourism career cluster?
erica [24]

Answer: the correct answer is D

Explanation:

8 0
3 years ago
A jewelry manufacturer incurred the following costs: 15,000 units produced with costs of $557,500, and 5,000 units produced with
pav-90 [236]

Answer:

Y=$160,000+$26.50X

Explanation:

Variable Cost = $26.50

Fixed Cost = $160,000

cost formula would you estimate using the high-low method : Y=$160,000+$26.50X

3 0
3 years ago
Other questions:
  • Tobin Supplies Company expects sales next year to be $500,000. Inventory and accounts receivable will increase $90,000 to accomm
    8·1 answer
  • Glasgow Enterprises started the period with 65 units in beginning inventory that cost $3.40 each. During the period, the company
    5·1 answer
  • Identify each value as either intrinsic or extrinsic.
    6·1 answer
  • If C(x) is the cost of manufacturing an amount x of a given product and $10 is the price per unit amount, then the profit P(x) o
    9·1 answer
  • Maggie suffers from low self-esteem
    14·1 answer
  • Communication to managers is of vital importance because it ________. Grupo de opciones de respuesta demonstrates the manager's
    7·1 answer
  • When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled ap
    10·2 answers
  • Which of the following is not a business-to-business (B2B) market.
    10·1 answer
  • Why do you think people invest their money in options other than those with the highest returns (highest % interest)?
    13·1 answer
  • A contractor purchased a dozer for $180,000 and anticipates using it for nine years. The salvage value of the dozer at the end o
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!