Answer:
The cross-price elasticity is - 0.8.
Explanation:
The price of antique furniture increased by 10 percent and the quantity demanded decreased by 30 percent, and with no change in the price of refinishing products, the quantity of refinishing products demanded decreased by 8 percent.
The cross-price elasticity of demand measures the change in the demand for a product due to a change in the price of a related good. Negative cross-price elasticity means the goods are complements. Positive cross-price elasticity implies that the goods are substitutes.
Cross price elasticity
= 
= 
= - 0.8
The cross price elasticity is negative which means that the goods are complements.
Answer: <em>True.</em>
Controlling is a managerial functions which is considered to be an important function since it assists in checking the errors and thereby taking the corrective action, so the digression from the basics are minimized and goals of the company are accomplished in an adequate manner. Under modern concepts, control is known as a anticipative behavior whereas concept of control used earlier was only utilized when errors occurred.
These changes reflect the fact that the parents of these two children are divorced and are undergoing adjustments on the custody of their children. This is often the most complicated part of filing for a divorce, because children are uprooted from their family backgrounds and are forced to live in a different situation from which they were accustomed to.
Answer:
Kindly check explanation
Explanation:
Social study may be reffered to as a broad field which accesses and studied man's society, this means that it extensively covers aspects that has to do with man's indigenous and cultural life which is about the tribes and inclination of the different tribal groups. It also covers areas of geography which is about the physical environment, impacts of climate, weather, vegetation and so on. In addition, The historical background or origin is also covered in social study. Governance, politics which also has to do with our society and wellbeing is also an important aspect of social study. It introduces the different types of government. The roles of leaders and responsibility of followers and muvb more. These are only some core areas of social study which covers more Than 5 distinct fields.
Answer:
Explanation:
Open-source innovation has not revolutionized and software and biotech industries. It completely changes the way that we think about creativity. To do something new we don't have to do something new we an existing or emerging form, made available through access and do something new with them. This promotes democracy in the innovation game, with open source services against persons or groups or against field or endeavors. The new open-source landscape is a vastly fertile one, with countless possibilities for growth, but its vastness and freedom can also overwhelming.
<u>Here are three key shifts:
</u>
- Passive recipients to active co-creator
- Our culture and our system for customers and emerging opportunities
- Own and protect to share and expand
