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
Lady_Fox [76]
3 years ago
13

Suppose the price of salt increases by 25 percent​ and, as a​ result, the quantity of pepper demanded​ (holding the price of pep

per ​constant) increases by 4 percent. The​ cross-price elasticity of demand between salt and pepper is nothing. ​(Enter your response rounded to two decimal places and include a minus sign if​ appropriate.) In this​ example, salt and pepper are ▼ substitutes not related complements . ​Instead, suppose salt and pepper were complements. If​ so, then the​ cross-price elasticity of demand between salt and pepper would be A. negative. B. zero. C. positive. D. greater than 1. E. greater than minus1.
Business
1 answer:
Lisa [10]3 years ago
8 0

Answer:

Option (C)

Explanation:

As per the data given in the question,

Price of salt increases by = 25%

Quantity of pepper demanded increases by = 4%

Cross price elasticity = Quantity of demand increases ÷ Price of salt increases

= 4% ÷ 25%

=0.16  

Hence Cross-price elasticity of demand between salt and pepper would be positive.

So option (C) is answer

You might be interested in
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
yan [13]

Answer:

the banks will eventually make new loans totaling 9,000 and the money supply will increase by 10,000

Explanation:

The money multiplier is 1/0.10= 10. If 1,000 new dollars of currency are deposited in the banks, they must hold $100 as required reserves and can lend out $900. Through the money multiplier, loans will increase by $900*10= $9000. The expansion of the money supply is the original deposit + the increase in loans or $1,000+ $9,000= $10,000

5 0
3 years ago
You are valuing an investment that will pay you $12,000 the first year, $14,000 the second year, $17,000 the third year, $19,000
Tasya [4]
Calculations go from year 1 to year 6, screen isn't big enough to show all calculations.

present worth is $76273.60

4 0
4 years ago
Why are supply and demand curves sloping in opposite directions?
Aliun [14]

The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.

plz mark me as brainliest :)

6 0
3 years ago
a segment should probably be dropped when the segment blank . multiple select question. has a positive segment margin but cannot
andrew11 [14]

A segment should probably be dropped when the segment has important side effects on other segments cannot cover its own costs. The correct option is B.

<h3>What is a segment margin?</h3>

The profit or loss generated by one component of a business is referred to as segment margin.

Segment margin only considers the segment's revenue and expenses.

By analyzing a company's strengths and weaknesses, segment margin can provide an accurate picture of where it is performing well and where it is not.

If a segment cannot cover its own costs, it should be dropped unless it has significant side effects on other segments.

Thus, the correct option is B.

For more details regarding segment margin, visit:

brainly.com/question/15357689

#SPJ4

5 0
2 years ago
2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat
krok68 [10]

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

8 0
3 years ago
Other questions:
  • Choate International plans to issue $15 million in 10-year bonds. They believe they can afford to pay $1,150,000 in interest to
    14·1 answer
  • Initially, Rhett believed he should maintain his production facilities within the United States and simply export his designer e
    5·1 answer
  • What two skills work together to make managers good role models?
    12·1 answer
  • Mark is developing the marketing strategy for his business, which is a retail store. He knows that situation characteristics wil
    8·1 answer
  • Type the correct answer in the box. Spell all words correctly.
    8·1 answer
  • Awanita Enterprises sells computer flash drives for $ 3.87 per unit. Unit variable cost is $ 0.05. The breakeven point in units
    8·1 answer
  • Bleeding Edge Technologies makes surgical scalpels which are supplied to medical equipment suppliers in boxes. The weekly demand
    14·1 answer
  • What is legal citizenship defined as
    11·1 answer
  • In economics, the forces of___________________and__________________ determine the ____________________ in the market. Group of a
    6·2 answers
  • What is industrialization​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!