Answer: The value of cross price elasticity is 1.6.
Step-by-step explanation:
Since we have given that
Percent change in price = 10%
Percent change in quantity = 16%
So, we need to find the cross price elasticity between the two movie club memberships.
As we know the formula for cross price elasticity :
Hence, the value of cross price elasticity is 1.6.
Answer:
D, B, C, A
Step-by-step explanation:
Solve the equations by combining like terms, isolating the variable, and dividing the equation by the coefficient of the variable.
Doing this, the first equation should be 2, the second equation should be -2, the third equation should be -1, and the last equation should be -6.
Then, we can order them.
If 105 customers were the total, and 35% prefers cake, we must calculate 35% of 105, then we must do 105 multiplied by 35%, we can doit transforming the 35% in the fraction notation:
And the multiplication
Therefore, if we round it to the nearest whole number, the number of customers that prefer cake is 37.
37 customers prefer cake.
Answer:
A b or c
Step-by-step explanation:
Easy shahhshhshs free points hehe
False because if it’s a positive number then the opposite is gonna be a negative
