Answer:
Cross-price elasticity = 2
Explanation:
<em>The cross-price elasticity of demand measures the degree of responsive of quantity demand of a product with respect to change in the price of a related product. The related product could be a substitute or a complement</em>.
The elasticity is determined as follows:
= % change in the quantity of syrup/% change in the price of milk
= 9%/4.5%= 2
Cross-price elasticity = 2
Your friend suggests that you play the lottery, and you win. Your friend wants some of the winnings, since it was her suggestion. You offer her 0.005% of $10,000 or nothing. This is an example of the ultimatum game and your friend will always accept the offer.
Answer:
Theft of intellectual property.
Explanation:
Cloud computing is making hardware, software and data available on demand via a network, often the internet. The cloud stands for a network that, with all the computers connected to it, forms a kind of 'cloud of computers', where the end user does not know how many or which computers the software runs on or where those computers exactly stand. In this way, the user no longer needs to be the owner of the hardware and software used and is therefore not responsible for maintenance. The details of the information technology infrastructure are hidden from view and the user has his own virtual infrastructure, scalable in size and possibilities. The cloud is therefore a technique with which scalable online services can be offered. Without the ability to scale, an online service offered does not relate to cloud computing.
Answer:
b. Production exceeds sales for that period.
Explanation:
This is said to be calculated or gotten from Earnings Before Interest And Taxes(EBIT). This is generally referred to as EBIT. They are returns from investments made in real estate or other forms of investments in a company that is gathered after all taxes and also other interests.
In arithmetic calculations it is done by calculating gross revenue from sales and services and also labour that was been involved. Remove the cost of goods sold, then add expenses from utilities, rent etc.
Answer:
money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.
Explanation:
Punitive damages are money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.
In litigations, the amount of money awarded by a court of competent jurisdiction to punish a defendant for a crime committed or such wrongdoings (gross and wanton negligence) and by extension serves as a deterrence to others is known as a punitive damage.