<span>Sale Proceeds of Mutual Funds = 100 Shares * $12.03 = $1203
Add: Dividend Earned on shares = 100 Shares * $0.75= $75
Less: Purchase cost of shares = 100 Shares * $10 = $1000
Less: Exit fees = $1203*5.5% = $66.17
Net Income from Investment = $211.83
Earning in %= $211.83 / $1000 = 21.18%</span>
Answer: positive cross elasticity of demand.
Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.
In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.
Hence from the above we can conclude that substitute goods have positive cross elasticity.
Answer:
Sry, I can't understand anything at all!
You could put that you are still in high school and working towards your high school diploma.
A decision to communicate means to communicate positively, offering help and support, and it doesn’t involve criticism and dispiriting. It a method of communicating more effectively and efficiently. In addition, communicating constructively is a way to present your points to a person or audience so they can understand them.
