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:
(x,y)(x-2,yt)
Step-by-step explanation:
(x,t)(x-2,yt)
we sniled it to the lete by 2 and then we snifted it down by
20,000 + 3,000 + 400 + 30 + 6
Answer:
The value of x is ![2\sqrt[3]{2}](https://tex.z-dn.net/?f=2%5Csqrt%5B3%5D%7B2%7D)
Step-by-step explanation:
We are given 
We need to solve for x
First we subtract 2 both sides

Taking cube roots both sides to isolate x
![x=\sqrt[3]{16}](https://tex.z-dn.net/?f=x%3D%5Csqrt%5B3%5D%7B16%7D)
Simplify the radical
![x=2\sqrt[3]{2}](https://tex.z-dn.net/?f=x%3D2%5Csqrt%5B3%5D%7B2%7D)
Thus, The value of x is ![2\sqrt[3]{2}](https://tex.z-dn.net/?f=2%5Csqrt%5B3%5D%7B2%7D)