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:
11/20
Step-by-step explanation:
Finding the common denominator, which is 20, we convert 1/5 into 4/20 and 1/4 into 5/20. Adding those up, the remainder when subtracted from 1, the total, is 11/20.
6 ft for each side, bc area is side times side, which 6x6=36
Answer:
total cost= $5,814
Step-by-step explanation:
Total linear feet measured: (110 x 2) + (270 x 2) = 760 linear ft
total sq ft= 760 x (7) = 5320 sq ft
total linear ft x labor= 760 x 1.70 = 1292 labor
Total sq ft x Cyclone fencing cost= 5320 x .85 = 4522
the total cost is 1292 + 4522 = $5,814
Since the jar is 12 ounces, we want to find the price when it is one ounce. We do this by dividing the price, $3.60, by 12:
3.60/12 = 0.3
So, the answer is $0.30/oz, or (B).
