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
Finger [1]
3 years ago
12

Suppose that the cross price elasticity of demand between movie tickets and popcorn is −0.10. What would you expect to happen to

the sales of popcorn if the price of movie tickets rises by 30 ​percent? The demand for popcorn would fall fall rise by 33 percent ​(Enter your response rounded to one decimal place.​)
Business
1 answer:
Murljashka [212]3 years ago
3 0

Answer:

fall

3%

Explanation:

You might be interested in
The process of conducting business on an international scale is a part of _____. globalization Communism mercantilism Socialism
Vlad [161]

The answer is globalization.  This is when you are now bringing your economy from domestic to international level where you are now engaging in business transactions with other countries overseas. There will be many hurdles but these are necessary when competing in the global market.

7 0
3 years ago
Read 2 more answers
Waterway industries, has 4700 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common s
e-lub [12.9K]

Since the preferred stocks are cumulative in nature, the dividend amount not paid in the current year will be accumulated and paid in the next year.

Preferred dividend to be paid in 2017 = Value of preferred stock x Dividend rate

= (4700 x $50) x 5%

= 11750

Dividend to be paid in 2018 = same as 2017 as no new preferred stock issued

= 11750

Total dividend to be paid in 2018 = Dividend to be paid in 2018 + Dividend to be paid in 2017 – Dividend paid in 2017

= 11750 +11750 -7900

= $15600

5 0
3 years ago
Identify the form of communication in which an individual both speaks up for their rights and also takes others' rights and feel
Marysya12 [62]
A. Assertive Communication
5 0
3 years ago
Which of the following statements is true? (A) A test with a high cost may also be high value. (B) A test with a low cost is alw
Nata [24]

Answer:

A) A test with a high cost may also be of high value.

Explanation:

A test's cost add up to the time spent in preparing that test. S much time might have really been spent on it like researching, sitting, time spent, revaluation of the test, as well as other contributions made for the execution of that test. The value of the test can be evaluated to the resources spent for the test. When a test has a high cost, it may also have a high value depending on some variables relating to both the cost of the test as well as its value. Also, every individual's primary objective is usually cost minimization and profit maximization in every thing he does irrespective of type or structure.

3 0
3 years ago
Aaron promises to sell his boat to Matt, and Matt promises to buy it from Aaron. What type of contract is this? Group of answer
Minchanka [31]

Answer: c. A bilateral contract

Explanation:

In a bilateral contract, the parties involved promise to both perform duties to the other which will make them both an obligor and an obligee.

An obligor is one who owes a duty to another and the obligee is one who a duty is owed to.

Aaron both owes a duty to sell the boat to Matt as well as being owed by Matt the duty to buy his boat. The same goes for Matt thus making this a bilateral contract.

5 0
3 years ago
Other questions:
  • Supposed that you decide to borrow $40,000 for a new car you can select one of the following loans each requiring regular monthl
    13·1 answer
  • What is time utility and possession utility?
    7·2 answers
  • In Firm A, each division is a self-contained, largely autonomous entity with full responsibility for its own value creation acti
    8·1 answer
  • On January 1 Revis Consulting enters into a contract to complete a cost reduction program for Green Financial over a six-month p
    13·1 answer
  • Substantially all full-time employees may participate on an equitable basis.hich of the following is not a characteristic of a n
    12·1 answer
  • If you move, how many days do you have before you must report your change of address to the department of public safety?
    10·1 answer
  • . In the short run, a firm operating in a competitive industry will shut down if price is a. less than average total cost. b. gr
    10·1 answer
  • Colin listed his assets and liabilities on a personal balance sheet.
    8·2 answers
  • The top five cities where venture capitalists are investing their money represent 10% of the global total.
    6·1 answer
  • Using the data in EA-3, assume that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!